Wal$-$Mart Stores, which grew into the nation's largest retailer by dominating small markets and undercutting local merchants' prices, was found by an Arkansas judge to have illegally sold some merchandise below cost in an attempt to drive local competitors out of business. Once they were out of business, Walmart then raised their prices. Judge David Reynolds said Wal$-$Mart had engaged in "predatory pricing" and he ordered them to pay damages to three local pharmacies.

In this scenario, predatory pricing could be considered an extreme form of $\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Question $4$ options:

Bait and Switch

Penetration Pricing

Price Skimming

Competitive