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loss-leader selling

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 360 U.S. 334 - Safeway Stores Incorporated v. Oklahoma Retail Grocers Association Inc J · 1959Most cited · 103 citing opinions

The selling of selected goods at a loss in order to lure customers into the store is deemed not only a destructive means of competition; it also plays on the gullibility of customers by leading them to expect what generally is not true, namely, that a store which offers such an amazing bargain is full of other such bargains.