Introduction To E-Commerce Predator Pricing
RetailGator provides introduction to predatory pricing of e-commerce and its use cases in various business. The COVID-19 epidemic has caused a boom in health monitoring medical devices. Pulse oximeters, which measure blood oxygen saturation levels and pulse rate, are among the most commonly purchased health equipment. Pulse oximeters will reach $3.4 billion by 2028 with a CAGR of over 9%. Businesses that cannot compete with a low-cost product or service quit. When consumers receive a product at a low price, predatory pricing makes it possible to create a monopoly. As previously noted, companies that can withstand losses for a while can adopt the approach to eliminate competitors from the market. At this point, they can raise prices once more. These companies will eventually dominate the market and obtain an unfair edge. Consider that businesses had a longer planning time before implementing predatory pricing techniques. Is Predator Pricing Illegal? Antitrust regulations, put in place