Predatory pricing is the practice of selling goods at very low prices, even below production costs or capital costs, with the aim of controlling the market as a whole. But after having no competitors, business actors/entrepreneurs will gradually increase the selling price. In many countries, predatory pricing practices are strictly prohibited and will even be subject to criminal penalties.
However, predatory pricing practices set by entrepreneurs will be difficult to prove, because entrepreneurs can argue that they are only giving price discounts.
However, predatory pricing practices set by entrepreneurs will be difficult to prove, because entrepreneurs can argue that they are only giving price discounts.
