Pablo Escobar (R) in Congress In 1982 Escobar was for a brief period elected to the house of representatives of Colombiaâs Congress.
Grid Pricing versus. Formula Pricing. aGrid pricing involves using a premium-discount grid. with some method of establishing the base price. aFormula pricing typically refers to the method of. finding the base price in a premium-discount grid. aFormula pricing uses another price as a reference. price.
Mistaking competitive pricing for predatory pricing could inhibit healthy price competition. Predatory pricing is the practice of offering goods or services at such a low price that competitors are forced out of the market. Selling below cost to sell off excess inventory is not considered predatory pricing; selling below cost to drive out competitors is. Mistaking competitive pricing for predatory pricing could inhibit healthy price competition.