A practice of engaging in price discrimination in different markets in an attempt to undercut competitors is known as:

Question

Quizplus · Accepted Answer

Predatory pricing involves charging lower prices in different markets in an attempt to drive competitors out of the market. This practice can be considered illegal if it is used to create a monopoly or if it harms competition. Retailer cartelization involves several retailers coming together to set prices, while exclusive dealing involves a manufacturer or supplier requiring a retailer to only sell their products. The offense of meeting the competition is not a relevant practice in this context.

A Practice of Engaging in Price Discrimination in Different Markets