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>>Nobody is "forced" to be unprofitable. If a business is unprofitable it can shut down. Check out the state of chicken farming, where chicken producers corral
by toss1 3y ago
>>Nobody is "forced" to be unprofitable. If a business is unprofitable it can shut down.
Check out the state of chicken farming, where chicken producers corral farmers take on huge amounts of debt to grow bigger to meet their requirements, then squeeze them hard, to the point of bankruptcy. The only winning move is to not play, but that means not selling to the buyers who control the market so likely losing the family farm. It's become just a matter of whether you lose it this year, or after a few years of churning under the producer's debt load.
There are numerous ways that a large monopoly can abuse their position of power such that the only real choice for smaller players is to play along in a losing game.