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So what if Apple didn't have wads of cash laying around, and felt that it could not afford to take a loss to grow the market. Would they be unable to enter the
by lotu 13y ago
So what if Apple didn't have wads of cash laying around, and felt that it could not afford to take a loss to grow the market. Would they be unable to enter the market. This sounds like if Walmart was busy undercutting all the small business in a town but one decided to keep prices a profitable level, and then Walmart sued that small business for price fixing.
- hga 13y agoI don't think that analogy is at all close. Try this: Target, which wants to enter this market, conspiring with the companies that supply them and Walmart to raise the latter's wholesale prices, and various relevant governments suing all of the former for their conspiracy to harm consumers (in this case, from glancing at the beginning of the decision it was the Feds and some state governments). The suppliers all plead guilty and settle, but for some reason Target thinks they can win in the courtroom. (The "some reason" would appear to be a hope they can get the Supreme Court to change the law.)
- hga 13y ago"Some state governments" as in 38, with Connecticut and Texas apparently doing the heavy lifting for the states.