If someone opened a store and just sold stuff at cost, which undercuts every other competitors by alot. Would this not for the big corps to come way down on their prices?
If someone opened a store and just sold stuff at cost, which undercuts every other competitors by alot. Would this not for the big corps to come way down on their prices?
Maybe, but why would somebody do that in the first place? Put effort, money, time and resources into a loss net gain?
You would need lots of those stores to justify others to lower prices like one or more on every town and place…
Maybe a state run enterprise at that point… But that woul be… Communism I guess.