Concept information
Término preferido
predatory practices
Definición
- Predatory practices are business practices that exploit the consumer, particularly in circumstances where either the exploitation is industry-wide or the consumer is unable for some reason to seek services from less exploitative alternatives. Those reasons may include proximity (as in the higher prices charged by a corner store whose customers may lack the means to travel to a store with lower prices), lack of information, or lack of eligibility (as in the case of usurious credit cards offered to high-risk customers ineligible for other forms of credit). [Source: Encyclopedia of White-Collar and Corporate Crime; Predatory Practices]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-JC226B0J-0
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