Multiple Select Question

Question

Select all that apply

What is essential to prove a complaint for predatory pricing in the market?
Multiple select question.

The prices charged are below the industry average.

The consumer must prove how he or she was harmed.

The prices charged are below the defendant's average cost.

A firm's intent to drive out competition must be proved.

Answer 1

To prove a complaint for predatory pricing in the market, the following options are essential:

• The prices charged are below the defendant's average cost.
• A firm's intent to drive out competition must be proved.

While it is also important to demonstrate harm to consumers, the specifics of what constitutes harm can vary depending on the context and legal jurisdiction. However, the two points above are more fundamental in establishing a case of predatory pricing.

Therefore, you should select:

• The prices charged are below the defendant's average cost.
• A firm's intent to drive out competition must be proved.