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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
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.
"All U.S. customers should be protected from predatory pricing."
“And when you have a lack of competition, essentially like the basis of predatory pricing, ultimately there’s going to be long term gouging.”
Salk had no desire to become rich from his work, his son said, a stark contrast to the current era when most new drugs are developed by pharmaceutical companies frequently accused of exploiting public health needs, predatory pricing, misleading marketing and deliberately stalling vaccine development to protect corporate profits.
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