4 ms·
Your statement is true - unfortunately so is this: If you lower profits even more, or even lose money selling your goods, it may even lower prices for consumer
by OrangeMonkey 4y ago
Your statement is true - unfortunately so is this: If you lower profits even more, or even lose money selling your goods, it may even lower prices for consumers.
Public businesses have a fiduciary duty to return profits to shareholders and purposefully lowering profits without a long term roi from that decision may actually be illegal.
Again - I am not saying these facts should fill anyone with glee, but we live in the real world and its important to at least see how historically these have played out.
- lumost 4y agoLowering profits to more effectively compete is not illegal. If you're saying that the company does not feel competitive pressure at all then that may in fact be illegal depending on the current courts interpretation of anti-monopoly laws.