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which is not the same as trying to purposely extinguish competition. its about INTENT, not just selling at a loss.
by basch 8y ago
which is not the same as trying to purposely extinguish competition. its about INTENT, not just selling at a loss.
- jjeaff 8y agoA textbook example of this would be Bezos dropping diaper prices through the floor and doing it long enough to nearly drive diapers.com out of business. After which, he squired the company.
- scarface74 8y agoOr YC funding a company until its non YC funded competitor went out of business to make its investment worth more. I’m not saying that YC has ever done that. I’m just taking the argument to it’s logical conclusion.
- deleted 8y ago[deleted]
- scarface74 8y agoSo all you have to do to keep from establishing “intent” is for Bezos not to send an email saying “let’s undercut price to kill the competition”....