As a condition, the authority decided to regulate a ban on frequent flyer programs, and stated that it would ban cross-subsidization aimed at underbidding or operating at a loss to force new entrants out of the market.
You might walk the dog, as the strange expression for underbidding goes, to try to mislead the opponents about your playing strength.
Johnny Van Haeften, the London connoisseur-dealer in Netherlandish art, presumably shared this view as he underbid the masterpiece, which sold for £2.61 million, a world auction record for a Berckheyde.
They're voting on the exact speed of the drift toward a future of armies run by corporations corralling permanently travelling communities of cooks, cleaners and sex workers, as they underbid each other outside the entrances to gated communities to ensure they're the ones let inside to service the fortunate.
This leads to underbidding and lower takeover premiums.
Rather than underbidding, Mr. Zhou said it was Huawei's unique products, like the SingleRAN, short for single radio access network, that were winning contracts.
The best policy is probably to disguise the power of the hand by underbidding slightly, hoping to be allowed to play at any level.
We show that a switch to uniform pricing does not induce bidders to report their true costs in their bids, but leads to underbidding.
I use the two sites together, checking the going rate on Hotwire, before underbidding it slightly on Priceline; if my bid fails, I go back and purchase the room on Hotwire.
An employee ratted on Odebrecht Contractors for underbidding on a federal contract, arguing it intended to raise prices later (his suit was dismissed as "fatally flawed").
And Nigerian authorities reportedly launched an investigation earlier this year into how the company secured an oil agreement there despite underbidding a competitor, according to the Guardian. .
