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Because there are only 2 companies in the industry with huge moat - https://www.jstor.org/stable/4225650?seq=1#page_scan_tab_contents https://www.jstor.org/stab
by btian 8y ago
Because there are only 2 companies in the industry with huge moat - https://www.jstor.org/stable/4225650?seq=1#page_scan_tab_contents https://www.jstor.org/stable/4225650?seq=1#page_scan_tab_con...
It's the same reason why airlines don't compete with each other.
- refurb 8y agoThe price of flights to Hawaii just dropped because SouthWest is starting a new route there. How is that not competition?