> No one has ever successfully kept their prices low, drove out the competition, and then raised them. Standard Oil did exactly this. It kept prices low under

> No one has ever successfully kept their prices low, drove out the competition, and then raised them. Standard Oil did exactly this. It kept prices low under Rockefeller's leadership and raised prices dramatically under Archbold, when they already had the market sewn up. Very successfully. More recently, China did exactly this with rare earth metal prices. There's even a name for it, cornering the market.