Extreme Undercutting - Should it be a violation?

[AlexionSkylark]

I sold 2 Bismarck minions at 5 mil on my server

Then when I listed the 3rd, someone went there and put his for 2.8 MIL
Was I angry? you can bet your soul I was. I paid 2.6 on an expanse baleen and that guy KILLED my ENTIRE profit margin AT ONCE. And price for the minion NEVER came back up again. Then other people came undercutting THAT guy and I ended up selling it at 2.4 mil. I was expecting a 2 mil profit, instead got a 200k loss. Probably from some guy who got the baleen on a drop and didn't know you need to factor in the price of materials when selling stuff.

(actually, apparently NOBODY does that in this game, BTW. I see stuff like a bloodhempen cloth that take 12 plants to make being sold at 20~30% less than the value of 12 plants. It's kinda absurd)

Did I complain about it in my FC, my linkshells, facebook groups? yes I did.
Was I extremely angry and frustrated? yes I was. Did I want to go to that guy's house and punch him in the face? yes I did.

But I didn't think for a second about reporting. As much a dickish move as it were, it was not illegal.