Gossip Goose (GG) is a magazine renowned for their reporting of unverifiable entertainment news. Dee Hassaloff is the marketing director of GG. Recently, Hassaloff decided to lower the price of GG to $2 in order to drive out some of the smaller competitors. Hassaloff's behaviour is best described as an example of:

Question

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Hassaloff's decision to lower the price of GG to drive out smaller competitors is an example of predatory pricing. This tactic involves setting prices so low that it becomes difficult for smaller competitors to compete, ultimately driving them out of business. This allows the larger company to gain a greater market share and have more control over pricing in the industry.

Gossip Goose (GG) Is a Magazine Renowned for Their Reporting