In Canada, under federal legislation, it is unlawful for a firm to price below its costs with the intent of driving the competition out of business. What is this practice known as?

In Canada, under federal legislation, it is unlawful for a firm to price below its costs with the intent of driving the competition out of business. What is this practice known as?

In Canada, under federal legislation, it is unlawful for a firm to price below its costs with the intent of driving the competition out of business. What is this practice known as?



a.

price discrimination

b.

predatory pricing

c.

price fixing

d.

resale price maintenance



Answer: B


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