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> Why is this considered illegal or unethical? After competitors are knocked out of the market, the survivor can raise prices to above-market levels. https://
by tomnipotent 5y ago
> Why is this considered illegal or unethical?
After competitors are knocked out of the market, the survivor can raise prices to above-market levels.
https://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...
- gavinray 5y agoAh this is true, hadn't considered this. It seems like there's a lot of this all the time though? Everywhere I've lived, my only choice of ISP was Comcast. Whatever Comcast told me I needed to pay for internet, that's what I was going to pay lol. For mobile phone providers, in the US your options are generally AT&T, Verizon, and T-Mobile, which I'm sure collude on prices and fix them. Same with Cloud services providers, etc