Explain what is meant by unlawful price discrimination and predatory pricing, and discuss the ethical implications...
Homework Answers
Unlawful price discrimination - It becomes unlawful under law only when it threatens to undermine competitive processes in an affected market and otherwise satisfy the specific criteria of the federal price discrimination laws (like the simultaneous, selling of the same or similar products to customers at different prices in transactions that results interstate commerce).
Predatory Pricing - The pricing of goods or services at such a low level that other enterprises cannot compete and are forced to exit the market.It is also called below-cost pricing.
Both the practises are unthical as it result in reducing the healthy market competition. Therefore ferderal law does'nt allow such pricing strategy.
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