Four pricing practices are closely scrutinized because of potential unethical or illegal actions. They include: (1) price fixing; (2) price discrimination; (3) deceptive pricing; and (4) __________.

Question

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The fourth pricing practice closely scrutinized because of potential unethical or illegal actions is predatory pricing. Predatory pricing means lowering prices to a level that eliminates competition, and then raising prices once competitors are gone. This practice is illegal in many countries because it harms competition and consumers.

Four Pricing Practices Are Closely Scrutinized Because of Potential Unethical