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.]
How do bilingual lawyers in China usually translate the term predatory pricing?
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