Biltmore owns dozens of very successful print shops throughout the Midwest.Biltmore's shops specialize in low-cost black-and-white copies and feature user-friendly machines consumers can easily operate.In recent months,Biltmore has noticed many more competitors in the areas where his stores are located.In an attempt to eliminate the competition,Biltmore has decided to charge a very low price for his black-and-white copies,a price so low his competitors will be forced out of business.After the competition has been driven out,Biltmore plans to raise the price of his copies.Biltmore is planning to engage in the illegal and unethical practice of

Question

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Biltmore is engaging in predatory pricing, which involves setting prices so low that competitors are driven out of business, after which prices are raised to monopolistic levels. This is considered illegal and unethical because it harms competition and limits consumer choice.

Biltmore Owns Dozens of Very Successful Print Shops Throughout the Midwest.Biltmore's