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A comment on WeWork and Counterfeit Capitalism. Parent comment

Re:WeWork and Counterfeit Capitalism by dllthomas on Wednesday September 25, 2019 @01:33PM (#21073039)
If you can maintain a credible threat that you'd do it again (and win), competitors shouldn't be expected to enter the market even as you're extracting rent. This is amplified by any barriers to entry.
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Re:WeWork and Counterfeit Capitalism by scarface74 on Wednesday September 25, 2019 @01:39PM (#21073108)
See cable companies.
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Re:WeWork and Counterfeit Capitalism by perl4ever on Wednesday September 25, 2019 @06:06PM (#21076103)
What do you conclude from cable companies? On the one hand, competition is legally restrained. On the other hand, the cable companies are still somewhat constrained by imperfect substitutes - for instance, wireless is not a great substitute for cable, but it's enough for me to live without it.
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Re:WeWork and Counterfeit Capitalism by scarface74 on Wednesday September 25, 2019 @06:50PM (#21076458)
Not as much as they use to be from what I understand. Other providers can get right of way access via the city, but building out infrastructure is not easy and is costly and as soon as they build out the incumbent will reduce their prices low enough to not make it worth switching.

The only company that can compete with the cable company at scale is usually the local phone company.

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