Re:Who Pays the Price for Selling $10 Bills for $5?
by mannykannot on Friday April 05, 2019 @08:43AM
(#19581936)
Developing a monopoly while selling below cost was Amazon's path, and others took note - Uber, for example, which is hoping to corner the autonomous taxi market, and is effectively offering its current services with human drivers in order to position itself for that.
"We can develop a monopoly by selling below cost" is some kind of traditional business, but I wouldn't call it a traditional tech startup.