> It's similar than selling at loss until your smaller competitor is out of business.
It's like a war of attrition -- you allow yourself to suffer losses for the sake of ultimately winning. At least in this scenario, the main player is also slightly fucking themselves over, instead of just you.
After competitors are knocked out of the market, the survivor can raise prices to above-market levels.
https://www.ftc.gov/tips-advice/competition-guidance/guide-a...
It seems like there's a lot of this all the time though?
Everywhere I've lived, my only choice of ISP was Comcast. Whatever Comcast told me I needed to pay for internet, that's what I was going to pay lol.
For mobile phone providers, in the US your options are generally AT&T, Verizon, and T-Mobile, which I'm sure collude on prices and fix them. Same with Cloud services providers, etc
Targeting all employees of a smaller company to destroy them is considered unfair business practice in some countries (legitimately IMHO). It's similar than selling at loss until your smaller competitor is out of business.