Re:SpoonRocket shuts down
by shrikant on Tuesday March 15, 2016 @02:14PM
(#11291766)
Are there any examples of (1) actually ever happening in practice?
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I believe this is Uber's strategy, no? Basically sell at a loss and force your competitors to follow suite (and lose money even faster) which in turn drives them out of business leaving only Uber as the dominant player in a market.