Question

In order to eliminate small competitors, a large auto maker sells cars for less than the cost of producing them. Which practice, regulated by consumer protection laws, is this?

A) price fixing

B) making misleading statements

C) predatory pricing

D) bid rigging

Answer 1

Answer:
Predatory Pricing
Explanation:

Because predatory pricing is "the pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market."