Predatory Producing

February 9th, 2012
econ
A company offers a product so cheaply that their competitors go out of business, at which point they raise prices. Anticompetitive predatory pricing?

A company offers a product so good that their competitors go out of business, at which point they make their product worse. Anticompetitive predatory producing?

Comment via: google plus, facebook

Recent posts on blogs I like:

On The Prosperity Gospel

things I find fascinating: religion, scams

via Thing of Things February 19, 2024

Diseconomies of scale in fraud, spam, support, and moderation

If I ask myself a question like "I'd like to buy an SD card; who do I trust to sell me a real SD card and not some fake, Amazon or my local Best Buy?", of course the answer is that I trust my local Best Buy1 more than Amazon, which is notoriou…

via Posts on February 18, 2024

Raising children on the eve of AI

How do we prepare them for what we're not prepared for? The post Raising children on the eve of AI appeared first on Otherwise.

via Otherwise February 15, 2024

more     (via openring)