What Isn't Predatory Pricing?
Pricing a product below the competitor's price point is not predatory pricing. The price of a product is primarily determined by the costs of production, and if a business innovates their production methods to bring down the cost, and if they choose to transfer this monetary benefit to the end user by pricing the product according to their production cost but not below it even if it is below the competition's price point, then the pricing is just market driven and not predatory.
Businesses must remain flexible and constantly innovate to bring improvements in their processes instead of remaining stagnant; and failure to do so must not result in punishing the competition for being otherwise.
Only if the product is priced below it's cost price, can it be called predatory pricing, because now, the establishment is actively engaging in a business model that isn't even self-sustainable, but is purely meant to kill the other business at their own cost. Such pricing are not market driven and therefore is not in good faith.