3 ms·
You’re misunderstanding that there is no reason to hold the oligopoly. If the profit margins are high and look to be high for the future, the winning move is 10
by kortilla 4y ago
You’re misunderstanding that there is no reason to hold the oligopoly. If the profit margins are high and look to be high for the future, the winning move is 100% to break and boost production. It’s free mountains of cash.
The math is is a simple as, “why make a billion on a 500 mill investment when you can make 2 billion on 1.1 mill”? You’re suggesting they are both incompetent and not greedy, which can’t possibly be true of all of them.