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Using price as a weapon: An economic and legal analysis of predatory pricing
Predatory pricing is an illegal attempt to destroy competition on a certain area or market by setting low prices. This article seeks to clarify the practices that are considered illegal predatory pricing. Generally, it was found that proving that a certain pricing practice is illegal is difficult; h...
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Published in: | Industrial marketing management 1994, Vol.23 (2), p.125-131 |
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Main Authors: | , |
Format: | Article |
Language: | English |
Online Access: | Get full text |
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Summary: | Predatory pricing is an illegal attempt to destroy competition on a certain area or market by setting low prices. This article seeks to clarify the practices that are considered illegal predatory pricing. Generally, it was found that proving that a certain pricing practice is illegal is difficult; however, there are set standards related to cost that the courts usually apply. |
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ISSN: | 0019-8501 1873-2062 |
DOI: | 10.1016/0019-8501(94)90013-2 |