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A comment on The Billionaire Behind Efforts to Kill the U.S. Postal Service [pdf]. Parent comment

Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by function_seven on Tuesday July 21, 2020 @08:19PM (#23912469)
They can finance the dumping of product at below market rates until they run the competition out of business, then corner the market for themselves.
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by missedthecue on Tuesday July 21, 2020 @08:55PM (#23912761)
You cannot corner a market through price dumping. You can lose money until the newer firm dies, but once you raise prices again, guess what happens? The Baltimore Gas Company is a famous example of this. They didn't establish their monopoly until the maryland legislature enforced a utility charter that granted them the exclusive right to distribute gas in Baltimore.
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