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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 _emacsomancer_ on Tuesday July 21, 2020 @08:32PM (#23912571)
A billion ways.

Here's just one: run at a loss until your competition is driven out of business. Then raise prices once you're a monopoly again. (This isn't a hypothetical either, but a standard practice.)

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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by missedthecue on Tuesday July 21, 2020 @08:52PM (#23912733)
This doesn't work. You can cut prices and lose money until the upstart firms go out of business, but you cannot raise them afterwards or guess what will happen?
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by function_seven on Tuesday July 21, 2020 @09:12PM (#23912888)
Potential upstarts can't get funding to start their business, because investors know you'll just bully them back out of the market.

Unless they find another billionaire with pockets as deep as yours, and a willingness to wage a price war for years.

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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by _emacsomancer_ on Tuesday July 21, 2020 @11:53PM (#23913768)
You'll become Walmart?
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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by missedthecue on Wednesday July 22, 2020 @09:17AM (#23916624)
Walmart has low prices on everything. If they are charging monopoly prices, why is their margin 3%?
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