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Deals damage, and the user receives recoil damage equal to 1/4 of the damage dealt, rounded half up, but not less than 1 HP.
Submission saw some use back in the RBY days, when it was widely distributed and Fighting-type moves were all but nonexistent. Nowadays, however, hardly any Pokemon receive Submission and it is mostly outclassed by Brick Break, which trades just 5 Base Power for no recoil and perfect accuracy. Submission is simply not worth the moveslot.
Drain Punch is slightly less powerful, but heals the user.
Close Combat is more powerful but lowers the user's Defense and Special Defense after use.
Hi Jump Kick is more powerful but causes recoil damage if it misses.