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Fun fact about Dow: In 1905, German bromide producers began dumping bromides at low cost in the U.S. in an effort to prevent Dow from expanding its sales of br
by necessity 11y ago
Fun fact about Dow:
In 1905, German bromide producers began dumping bromides at low cost in the U.S. in an effort to prevent Dow from expanding its sales of bromides in Europe. Instead of competing head on with the German producers, Dow bought the cheap German-made bromides and shipped them back to Europe, undercutting his German competitors.*
A fine example of "predatory pricing" gone wrong (which happens more often than not).
* https://en.wikipedia.org/wiki/Dow_Chemical_Company#cite_note-12 https://en.wikipedia.org/wiki/Dow_Chemical_Company#cite_note...
- deleted 11y ago[deleted]