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It's nothing more than borrowing a tactic from Standard Oil Company and Rockefeller. While markets generally don't respond healthily to regulations, it really
by exabrial 5y ago
It's nothing more than borrowing a tactic from Standard Oil Company and Rockefeller.
While markets generally don't respond healthily to regulations, it really ought to be illegal to offer goods/services for less than cost amortized over a certain period (maybe two years?). This would prevent a lot of monopoly formation, but probably have some unfortunate consequences for investment in markets that have slower yields.
- bordercases 5y agoIt would have a negative impact on the pricing bundles that individual shops have as well, depending on how strictly you would interpret such a law. Consumers would lose out on good deals relative to their own preferences, and suppliers would lose revenue. https://en.wikipedia.org/wiki/Loss_leader https://en.wikipedia.org/wiki/Loss_leader