Legal Question in Business Law in Illinois
selling below cost
Is it legal to selling below market value to put competitor out of business?
Asked on 2/24/02, 1:33 am
1 Answer from Attorneys
Jay Pollak
The Pollak Law Firm, LLC
Re: selling below cost
The very simplist asnwer is no. But there are many legal reasons why it is justified to sell below cost. Proving that the motive for selling below cost is to put one out if business is extrememly difficult to prove and usually very costly.
Answered on 2/24/02, 4:26 pm
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