Pricing your product unsustainably vs a competitor to gain market share is regarded as "bad competition" and has historically been seen as anticompetitive.
It does not benefit the consumer in the long run, because the goal is to use your increased funding or cash reserve to wipe your competition out of the market, decreasing competition in the long term.
Then, once your competition is gone, and you've entrenched yourself, you do a rug pull.
you're right but for now it doesn't matter if both competitors are running on infinite vc money, we as consumers benefit from it. it only matters if they cause negative externalities in the meantime
I consume very little social media these days, but when I take a short peek, here is what I see:
1.) Hockey highlights 2.) LoTR memes 3.) kittens
While the addictive nature of social media is a problem, what you're describing is only being fed to people who want to watch it (kinda like legacy media).
Very cool! An improvement for version 2.0 would be to add the ability to filter by ball type: two-piece, swing speed, and cover. This would provide users with better insight into pricing.
Appeasing a moron with a shiny, valuable object is low effort. Covering up and adding a backdoor to Apple's widely used iOS is not in the same ballpark.
This is normal behavior and not a cause for such a hyperbolic response.
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