What is Predatory Pricing?
1.
The practice of selling a product at a very low price with the sole intention of driving competitors out of business only to jack the price way up after you eliminate the competition.
Wal-Mart is well known for using predatory pricing.
See
Random Words:
1.
A term of endearment and high respect for the author William S. Burroughs
Uncle Bill once said, "The only time Richard Nixon ever ..