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predatory pricing
noun
commerce offering goods or services at such a low price that competitors are forced out of the market
Example Sentences
“Where appropriate, the federal government should deploy tools that neutralize predatory pricing,” while easing access to project permits and working with allies, added Sloustcher.
“That predatory pricing destroyed incentives to invest, and it kept capital scarce.”
They allege that these companies are using billions of dollars in venture capital funds to engage in anti-competitive practices like "predatory pricing" or "deep discounting" which has further distorted the playing field for mom-and-pop shops.
Sen. Elizabeth Warren, D-Mass, and Rep. Adam Schiff, D-Calif., are calling upon the Federal Trade Commission and Department of Agriculture to investigate Albertsons and other major grocery chains for “predatory pricing” practices that may have violated federal laws.
“Albertsons is one of the largest food retailers in the United States, boasting over 2,200 stores across the country. This settlement covers the 589 Albertsons stores in California, but all U.S. customers should be protected from predatory pricing,” the lawmakers wrote in their letter.
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