Comment by benjaminwootton
2 years ago
A less cynical take is that it allows you to run at a loss for a very long time as you build revenue and market share. This can be right up to the time that you exit.
2 years ago
A less cynical take is that it allows you to run at a loss for a very long time as you build revenue and market share. This can be right up to the time that you exit.
> A less cynical take is that it allows you to run at a loss for a very long time as you build revenue and market share
You're saying the same thing as the grandparent comment and in various places in the world this would be considered dumping/subsidizing and illegal.
Yet here we are and the enshittification continues.
I think dumping/subsidizing is illegal only in the context of international trade.
Legal doesn't mean that is ethical. Just saying that this is an interesting topic that was discussed for years in HN: at the end is it similar to dumping?
Dumping is absolutely illegal in domestic contexts. The famous one being supermarkets who undercut local fruit shops until they go out of business, then jack up the prices once they have a monopoly in the local area.