Quote Originally Posted by Nixxe View Post
1 gil undercuts are smart, not petty. What's petty is getting upset that you have competition and throwing a hissy fit.
Undercutting by 1 gil on lower priced items makes sense. On something perhaps worth 5 million for example I'll undercut by 10 or 100 gil to differentiate it from the previous product (even though 10 - 100 gil makes no difference at that point) just to get bumped up to the top of the market board.

If someone undercuts me by an extreme amount e.g. dropping price from 5 million down to 1 million I'll buy them out unless the price is slightly higher than I would be comfortable buying out in which case I let them sell at under value and keep my item at the original price.