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> So, if they threaten it, it can lower it's prices for a while to compete, until it destroys them. Thanks, this argument for antitrust laws is new to me. Is t
by cousin_it 15y ago
> So, if they threaten it, it can lower it's prices for a while to compete, until it destroys them.
Thanks, this argument for antitrust laws is new to me. Is this a standard argument in economics, and do proponents of the free market have some standard answer to it?
- eli 15y agohttp://en.wikipedia.org/wiki/Predatory_pricing http://en.wikipedia.org/wiki/Predatory_pricing in particular the Criticism section