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Profit maximization
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==Criticism == The maximization of [[producer surplus]] can in some cases reduce [[consumer surplus]].<ref name="f307"/> Some forms of producer profit maximization are considered [[anti-competitive practices]] and are regulated by [[competition law]].<ref name="f307">{{cite web | last=Pittman | first=Russell W. | title=Consumer Surplus as the Appropriate Standard for Antitrust Enforcement | website=Search eLibrary | date=17 December 2007 | ssrn=1075463 | url=https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1075463 | access-date=24 August 2024}}</ref> Maximization of short-term producer profit can reduce long-term producer profit, which can be exploited by [[predatory pricing]] such as [[Dumping (pricing policy)|dumping]].<ref name="j276">{{cite journal | last=Cheng | first=Ho Fung Griffith | title=An economic perspective on the inherent plausibility and frequency of predatory pricing: the case for more aggressive regulation | journal=European Competition Journal | volume=16 | issue=2β3 | date=1 September 2020 | issn=1744-1056 | doi=10.1080/17441056.2020.1770478 | pages=343β367}}</ref>
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