Examlex
What philosopher wrote: "The business of the wise and good man is to live conforming to nature"?
Predatory Pricing
A sales strategy involving setting prices unsustainably low with the intention to eliminate competition, deemed unethical and often illegal.
Sherman Act
A foundational piece of antitrust legislation in the United States that aims to prevent monopolies and promote competition.
Bait and Switch
A deceptive marketing strategy where a customer is attracted by the advertisement of a low-priced item but is then persuaded to buy a more expensive one.
Factory Seconds
Products that are not sold as 'first-quality' due to minor defects or imperfections, often available at reduced prices.
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