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Definition of Predatory pricing
1. Noun. A strategy of selling a good or service at a very low price so as to drive one's competitors out of business (at which point one can raise one's prices more freely). ¹
¹ Source: wiktionary.com
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1. Noun. A strategy of selling a good or service at a very low price so as to drive one's competitors out of business (at which point one can raise one's prices more freely). ¹
¹ Source: wiktionary.com