Predatory Pricing Idea Unrealistic
1993, Bloomberg Business News, St Louis Post-Dispatch (MO)
A jury of nine men and three women, plucked from this mostly blue-collar community on the Gulf of Mexico, on Tuesday arrived at the same conclusion as a growing number of economists and legal theorists: There's no such thing as predatory pricing.
In finding American Airlines innocent of conspiring to drive competitors out of business with a fare war last summer, the federal court jurors agreed with the carrier's experts that such a scheme would be extraordinarily expensive, and have no realistic chance of success.
Some scholars are so convinced predatory pricing doesn't work that they think the courts shouldn't even consider such cases.
Continental Airlines …
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Publication information:
Article title: Predatory Pricing Idea Unrealistic.
Contributors: 1993, Bloomberg Business News - Author.
Newspaper title: St Louis Post-Dispatch (MO).
Publication date: August 12, 1993.
Page number: 5C.
© 2008 St. Louis Post-Dispatch.
Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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