An agreement between sellers to prevent or unduly lessen competition or to unreasonably enhance the price of a product by selling at a fixed price is an unethical practice known as predatory pricing.

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Predatory pricing refers to the practice of pricing products below cost in order to drive competitors out of the market, with the intention of later raising prices once competition has been eliminated. It is generally considered an anticompetitive practice and illegal in many countries. The practice of sellers agreeing to fix prices or limit competition is known as price fixing or collusion.

An Agreement Between Sellers to Prevent or Unduly Lessen Competition