Re:Silicon Valley has a new vision for the pizzeria. It invo...
by dragonwriter on Thursday July 06, 2017 @02:00PM
(#14712392)
> This sounds like the problem. Shouldn't the government do something about these anticompetitive practices?
You mean, government should prevent owners from subsidizing operating costs as they try to establish and scale a business? Even if government wanted to do this in general (which would destroy Silicon Valley), how would it ever enforce it against millions of local small businesses, many of whom are doing it not out of deliberate strategy but simply out of lack of business skill?
And, more importantly, how do you do it without creating barriers to entry that are themselves anticompetitive in a way which is much more consumer hostile?
You mean, government should prevent owners from subsidizing operating costs as they try to establish and scale a business? Even if government wanted to do this in general (which would destroy Silicon Valley), how would it ever enforce it against millions of local small businesses, many of whom are doing it not out of deliberate strategy but simply out of lack of business skill?
And, more importantly, how do you do it without creating barriers to entry that are themselves anticompetitive in a way which is much more consumer hostile?