Event JSON
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"created_at": 1691348516,
"kind": 1,
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"content": "nostr:npub1kpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qqdxxzz4 nostr:npub1p34kn5su0fzjmsqx7wegqftnd34xr7as808udkxyltcl9zw6jrqqajwdy6 nostr:npub1ukcz3c3ek9ugnmrj37cjm2q9gsaqss5j9dqwpqmx0tgkzudsseqqcp40jn 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!\n\nI 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.\n\nMaybe what I need to do is a bunch of case studies – how often are problematic monopolies able to do this without government help?",
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