Report them to Google with all the details. They'll take care of it. 
"Lowering your prices" is not a solution to the problem.
 
 

On Tuesday, September 4, 2012 5:49:21 AM UTC-4, mapper wrote:

> My competitor uses google maps API for its paid, closed services. It 
> affect on me as its prices are lower. What can I do with such an unfair 
> competition?

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