4 ms·
It's strategic, smart, and absolutely legal.
by whatthesmack 6y ago
It's strategic, smart, and absolutely legal.
- smnrchrds 6y agoIt's called dumping and depending on the specifics and jurisdiction, it can be illegal. It falls under the general umbrella of anti-competitive actions.
- scarface74 6y agoIn that case, almost every VC backed startup would be illegal.
- X6S1x6Okd1st 6y agoAccording to the ftc for predatory pricing to be illegal you need to use it to drive out the competitors and then gouge customers until you recoup your losses. In the US anti-trust is absurdly focused on whether there is costs in the form of high prices passed onto the consumer.
- freeone3000 6y agoI'm fine with that.
- X6S1x6Okd1st 6y agohttps://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/single-firm-conduct/predatory-or-below-cost https://www.ftc.gov/tips-advice/competition-guidance/guide-a...