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if you can get a controlling interest of a market you can then dominate the market. If they can afford a loss for enough time to ensure that they control the ma
by sfall 13y ago
if you can get a controlling interest of a market you can then dominate the market. If they can afford a loss for enough time to ensure that they control the market they can raise the price and start really making large profits
- BrandonMarc 13y agoThis. And if you happen to have a powerful government propping you up, and your government expects that as a result of your combined efforts you'll have a monopoly and put the other country's industry out of business, you can afford to operate at a loss for a long time. Look at semiconductor fab plants in Asia, compared to semiconductor fab plants in the US, circa 1980s and 1990s.