This is completely unhinged. I am officially done with the bird site. Thanks to everyone who followed me here, you'll be seeing even more of me.
@cfiesler The argument is that unilateral exclusionary conduct is ultimately self-defeating, because it costs the defendant more to implement than it can gain them if successful. Closing off your network to competitors makes it less useful to your own customers, which makes competitors’ offerings even more comparatively attractive.
There are counter-arguments (e.g., about the conditions under which this result holds), but it’s a useful intuition pump.