I don't think this deserves the down votes - in some markets he is correct. If you gouge on price, you encourage competitors to enter the market. If you keep yo

I don't think this deserves the down votes - in some markets he is correct. If you gouge on price, you encourage competitors to enter the market. If you keep your profits low, it can act as a barrier to entry. I'm not saying that you should always price low, but the OPs point is worth considering.