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Predatory pricing

noun
Word Frequency: 0.2

Definitions

1.nounA 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).

Synonyms

price warprice skimmingdumpingnon-price competitionprice-cuttingprice gougingpenetration pricingprice discriminationprice fixingprice-liningprice cuttrigger pricing
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