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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

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