The company was accused of predatory pricing to eliminate competition.
Компания была обвинена в хищническом ценообразовании с целью устранения конкуренции.
Definizioni
Predatory pricing is a pricing strategy where a company sets the prices of its products or services extremely low, often below cost, with the intent to eliminate competition or prevent new competitors from entering the market. Once competitors are driven out, the company may then raise prices to recoup losses and increase profits.
