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Price might be depressed below "whatever the market will bear" by trying to be a less attractive target to potential competition, or to fend off anti-trust enfo
by ncmncm 5y ago
Price might be depressed below "whatever the market will bear" by trying to be a less attractive target to potential competition, or to fend off anti-trust enforcement. But those are not driven by your own costs.
- Dylan16807 5y agoIf you're fending off antitrust enforcement, then you're likely trying to price things as if you had no monopoly. Which means you base the price off of cost and demand, like a normal product.
- ncmncm 5y agoThen, you are in a regulated market, and are not a monopoly, but a public utility.
- Dylan16807 5y agoOr you're just trying to not be a target. Which applies to both potential government involvement and potentially making your customers angry.