Erik Haugen on Nostr: npub1kpwlx…xxzz4 npub1p34kn…jwdy6 npub1ukcz3…p40jn My first reaction to “just ...
npub1kpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qqdxxzz4 (npub1kpw…xzz4) npub1p34kn5su0fzjmsqx7wegqftnd34xr7as808udkxyltcl9zw6jrqqajwdy6 (npub1p34…wdy6) npub1ukcz3c3ek9ugnmrj37cjm2q9gsaqss5j9dqwpqmx0tgkzudsseqqcp40jn (npub1ukc…40jn) My first reaction to “just undercut costs within 50 miles of the new station to rates so low it would operate at a loss” is: sounds good to me, problem solved!
I guess there’s an implicit argument here though that people will be scared away from entering a market dominated by someone with those kinds of economies of scale or whatever. But… do we see that much in practice? Megacorps don’t have an infinite capacity for scaring off newbies; a loss is a loss.
Maybe what I need to do is a bunch of case studies – how often are problematic monopolies able to do this without government help?
I guess there’s an implicit argument here though that people will be scared away from entering a market dominated by someone with those kinds of economies of scale or whatever. But… do we see that much in practice? Megacorps don’t have an infinite capacity for scaring off newbies; a loss is a loss.
Maybe what I need to do is a bunch of case studies – how often are problematic monopolies able to do this without government help?