#Economy #Economics #Monopolies #PredactoryPricing #ChicagoSchool #VenturePredator: "These models of successful predation are decades old, and have broad acceptance within economics – outside of Chicago-style ideologues – but they've yet to make much of a dent in minds of the judges who hear Predatory Pricing cases.

While judges continue to hit the snooze-bar on any awakening to this phenomenon, a new kind of predator has emerged, using a new kind of predation: the Venture Predator, a predatory company backed by venture capital funds, who make lots of high-risk bets they must cash out in ten years or less, ideally for a 100x+ return.

Writing in the Journal of Corporation Law Matthew Wansley and Samuel Weinstein – both of the Cardozo School of Law at Yeshiva University – lay out a theory of Venture Predation in clear, irrefutable language, using it to explain the recent bubble we sometimes call the Millennial Lifestyle Subsidy:"

https://pluralistic.net/2023/05/19/fake-it-till-you-make-it/