Predatory pricing is when you charge less for a product than it costs to produce. The idea is to grab market share and drive competitors into bankruptcy, then raise prices, ideally once there is a lot less competition. Possibly related??? Uber lost 1.2 billion dollars this year https://t.co/5hhG2Q7DR5 — Donte Jawncrief (@OhWowHmm) August 27, 2016 … Continue reading What Uber, Lyft, AirBnB, Microsoft, and IBM Teach Us About Competitive Markets