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Your memory is hyperbolic. https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/predatory-or-below-cost-pricing ht
by hgsgm 3y ago
Your memory is hyperbolic.
https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/predatory-or-below-cost-pricing https://www.ftc.gov/advice-guidance/competition-guidance/gui...
- pydry 3y agoYep thats the page and no, it absolutely isnt hyperbolic: >Can prices ever be "too low?" The short answer is yes, but not very often. >courts, including the Supreme Court, have been skeptical of such claims. I can think of about 5 examples just off the top of my head (not just Uber) where it was clear and obvious and they got away with it. The courts are as skeptical as the FTC. Judge Jeffrey S. White tossed the suit against Uber despite how blindingly obvious it is that they do it.