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 is a strategy where a larger company sets a very low price for its products or services with the intention of driving out competition in the short term. Once the competition is eliminated, the company can then raise the price back to its original level or higher. This practice is illegal in many countries.

Gossip Goose (GG)is a Magazine Renowned for Their Reporting of Unverifiable