3 ms·
I think the parent comment is saying that the situation of having a price war between too many players isn't sustainable. And it seems not to have been here, si
by edouard-harris 7y ago
I think the parent comment is saying that the situation of having a price war between too many players isn't sustainable. And it seems not to have been here, since all but one of those players either died or exited the market as a result, leaving the remaining one with monopoly pricing power.
- wpietri 7y agoSure, wars aren't supposed to be sustainable. That's why people start them. I agree a monopoly over a small market niche sometimes happens even in antitrust contexts. That can happen with or without price wars. I also agree monopoly pricing power is bad. (Although not nearly as bad in a niche, because other well-funded competitors get an incentive to step in the more prices get out of line.) But none of this is proof of the death of an industry.