The act of selling goods or services at a price too low in comparison to the normal price in order to gain market share and eliminate competitors in the market.The essence of dumping is that a competitor has a strong power to accept sales at a certain loss in the present to destroy the competitor soon. After destroying competitors, eliminating the main competitive pressures in the market, the dumping business will raise the selling price of goods, exploit the user to gain profits to offset the previous losses and enjoyed super profits. In general, under the perspective of competition law, dumping is considered illegal.
What is Dump the turd November 3rd 2020 yard sign
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