System and method for preventing, responding to, or discouraging predatory and uncompetitive sales practices
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United States of America Patent
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Feb 20, 2018
Issued Date -
N/A
app pub date -
Jan 14, 2014
filing date -
Jan 14, 2013
priority date (Note) -
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Abstract
A method and system for identifying and discouraging predatory and uncompetitive sales practices includes identifying at least one base cost for at least one product, determining at least one current cost for the at least one product from at least one retailer displaying or selling products and services through online or mobile channels, and determining if the at least one product sold by the at least one retailer displaying or selling products and services through online or mobile channels is a loss-leader based at least partially on the at least one base cost and the at least one current cost. At least one of the at least one product may be automatically purchased from the at least one retailer displaying or selling products and services through online or mobile channels if the at least one product sold by the at least one retailer is determined to be a loss-leader. A system for implementing the aforementioned method includes appropriately communicatively connected hardware components.
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