dumping

Example:The company employed a dumping strategy to enter the market, selling its products at a below-cost price for a few months.

Definition:A market entry or price-setting strategy that involves selling goods at a significantly lower price to eliminate competition or establish a market position, followed by raising prices once competition has been removed.

Example:The import of the foreign goods triggered anti-dumping duties, which increased their price, making them less competitive in the local market.

Definition:Customs duties levied by a government to offset the impact of foreign goods imported at unreasonably low prices (dumping), in order to protect domestic industries.