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Re:99-year old trucking company Yellow shuts down, putting 3... by davidw on Monday July 31, 2023 @12:00PM (#36944642)
Fair enough, but...trucking? Isn't that kind of an established market?
Re:99-year old trucking company Yellow shuts down, putting 3... by candiodari on Monday July 31, 2023 @04:38PM (#36948433)
That's why we have "financial innovation". Which in this case boiled down to using investment money to buy up competitors, with the benefit of scale (and monopoly pricing) to come later. And then the benefit doesn't come ...