A large retailer which has economic clout with its suppliers is able to sell products at a price which is far below the competition. It has a practice of going into a town, selling its products at very low prices until the competition goes out of business, and the raising its prices back to the "normal" ones seen in this market. This would be seen as:
a.
Deceptive Pricing
b.
Predatory Pricing
c.
Price Discrimination
d.
Price Fixing
e.
Competitive Pricing
Answer: Predatory Pricing