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submitted 4 months ago* (last edited 4 months ago) by ModerateImprovement@sh.itjust.works to c/technology@lemmy.world
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[-] sugar_in_your_tea@sh.itjust.works 10 points 4 months ago

That wasn't always the case, and I don't know if it's currently the case. At least at one point, they would intentionally lose money by dropping their prices below profitability just to get mom and pop shops to shut down, and then raise prices back up to profitability. Or they'd force suppliers to cut costs only for them to the point where the supplier wasn't making a profit, but by then they had stopped selling to competitors.

There's a lot more evidence for Walmart committing anti-trust than Valve.

[-] Kecessa@sh.itjust.works 2 points 4 months ago

Point is, they don't need to do that now because they're dominant, they just have to come in with their big boots, sit at the table and wait until everybody leaves, they have unlimited money, they just need to offer the same prices as anywhere else, the convenience will kill the competition.

[-] sugar_in_your_tea@sh.itjust.works 4 points 4 months ago

I'm failing to see where the anti-competitiveness comes in.

this post was submitted on 05 Aug 2024
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