• SENSEX
    NIFTY 50
Business

What is predatory pricing and how does it affect customers, explained

Updated : September 13, 2019 06:37 AM IST

The practice can be simply defined as a pricing strategy in which a particular product or service is sold at a very low price in order to attract new customers.
In India, predatory pricing has been declared illegal under The Competition Act, 2002.
What is predatory pricing and how does it affect customers, explained
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV