comm -23 file2 file1
The POSIX-standard comm utility can do this also.
-2 suppresses lines from the second argument (file1)-3 suppresses lines appearing in both filesAssumes that file1 and file2 are already sorted. If they are not, you can use process substitution to do so:
comm -23 <(sort file2) <(sort file1)
Process substitution is a bash-specific feature (also available in zsh but with a different syntax).
grep -vxFf file1 file2