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> start your own gas company with competitive margins Are you serious? Why would existing large companies allow this? And even if you succeed they are just goi
by Abroszka 3y ago
> start your own gas company with competitive margins
Are you serious? Why would existing large companies allow this? And even if you succeed they are just going to buy up the company.
Beautiful example of this is large IT companies buying startups and stopping competition.
- ars 3y ago> And even if you succeed they are just going to buy up the company. Wonderful! Easy money. Then you go and start another company. Keep doing that and enjoy the profits. Your large competitor can't afford to keep buying you out forever.
- ntr-- 3y ago> competitor can't afford to keep buying you out forever Not saying this is in fact the case, but with trillions of dollars of QE and the Cantillon effect it seems entirely possible that in some industries they could.