> Amazon duped his product and sold it at something crazy, like half price
Pricing below an appropriate measure of cost is generally considered predatory pricing. It is very difficult to enforce this, but that doesn't change the fact that it could be illegal and a violation of antitrust laws.
Haven’t you heard? Laws don’t apply to companies
And I thought corporations are people, my friend.
Rich people
[flagged]
Why am I seeing this?
Illegal in what way? They are not allowed to set prices lower than competitors or raise them at any time?
Predatory pricing is illegal in the US, but difficult to prosecute under the existing laws.
What is “predatory pricing” vs. “pricing”?
8 replies →
Which means it’s actually: legal and widespread
1 reply →
> Amazon duped his product and sold it at something crazy, like half price
Pricing below an appropriate measure of cost is generally considered predatory pricing. It is very difficult to enforce this, but that doesn't change the fact that it could be illegal and a violation of antitrust laws.
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