3 ms·
When your competitors are dumping, can’t you just buy their goods and resell them at cost until they go broke?
by mullingitover 3y ago
When your competitors are dumping, can’t you just buy their goods and resell them at cost until they go broke?
- DecoPerson 3y agoNot without potentially creating a scandal. “IGA coordinates anti-consumer buyout of Woolworths milk” “Why is IGA skimming your milk?” “Woolworths vs IGA — Calf scalps bull’s milk”
- nickpp 3y agoThat is exactly what Dow Chemical did at the beginning of the 20th century to break the German bromine cartel. https://en.wikipedia.org/wiki/Herbert_Henry_Dow#Breaking_a_monopoly https://en.wikipedia.org/wiki/Herbert_Henry_Dow#Breaking_a_m... No government intervention necessary!