Concept information
Preferred term
predatory practices
Definition
- 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]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/predatory_practices
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}