Which ethical issue is ‘predatory pricing'?

Price discrimination involves charging different prices to different customers for the same product or service, often based on factors like consumer willingness to pay. This practice is distinct from predatory pricing, which focuses on setting low prices to undermine competition rather than differentials based on customer characteristics. Thus, price discrimination does not capture the essence of predatory pricing.

Price fixing is a collusive agreement between competitors to set prices at a certain level, eliminating competition in the marketplace. While it is also an unethical practice, it differs from predatory pricing, which involves a single firm engaging in aggressive pricing strategies to eliminate rivals, rather than a collective manipulation of prices among competitors.

Bait-and-switch refers to advertising a low-priced item to attract customers, only to pressure them into purchasing a more expensive item. While this tactic is misleading and unethical, it does not involve the aggressive pricing strategy aimed at eliminating competition that defines predatory pricing.