PREDATORY PRICING

PREDATORY PRICING

predatory pricing. Unlawful below-cost pricing intended to eliminate specific competitors and reduce overall competition; pricing below an appropriate measure of cost for the purpose of eliminating competitors in the short run and reducing competition in the long run. See ANTITRUST. [Cases: Monopolies 17(1.7). C.J.S. Monopolies ¡ì¡ì 83¨C85, 87.]

¡°In its most orthodox form, ¡®predatory pricing¡¯ refers to a practice of driving rivals out of business by selling at a price below cost. The predator’s intent ¡ª and the only intent that can make predatory pricing rational, profit-maximizing behavior ¡ª is to charge monopoly prices after rivals have been dispatched or disciplined. Predatory pricing is analyzed under the antitrust laws as illegal monopolization or attempt to monopolize under ¡ì 2 of the Sherman Act, or sometimes as a violation of the Clayton Act ¡ì 2, generally called the Robinson¨CPatman Act.¡± Herbert Hovenkamp, Federal Antitrust Policy 335 (2d ed. 1999).


What is the legal translation of PREDATORY PRICING in Chinese?
TermBase About LegalLingo
LegalLingo, a Shanghai-based translation agency, is a recognized leader in comprehensive legal language solutions for the legal industry. We provide the world’s leading law firms and corporate legal teams with a full suite of services, ranging from the translation of contracts and compliance documentation to full-scale multilingual litigation requiring certified translation and Chinese document review. We deliver customized legal document translation solutions based on your case’s size and budget requirements, utilizing industry-leading technology to ensure accuracy, lower costs and faster turnaround times.