4 ms·
At a very minimum, you can make it illegal to price a product below its marginal cost. This would have prevented e-commerce/rideshare/delivery companies from us
by whack 4y ago
At a very minimum, you can make it illegal to price a product below its marginal cost. This would have prevented e-commerce/rideshare/delivery companies from using VC-funded discounts to gain market-share and destroy less-funded competitors.