Examlex
Predict the major product of the following reaction.
Limit Pricing
A strategy used by dominant firms to set prices low enough to discourage entry into the market by potential competitors.
Informal Pricing
The establishment of prices based on flexible, non-regulatory factors such as negotiation, haggling, or customary practices, rather than fixed price tags.
Price Discrimination
A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets or to different buyers.
Collusively
In a manner involving collaboration, often secretive, between parties to achieve a deceitful or illegal purpose, particularly in restricting competition.
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