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?

https://lemmy.world/post/44722285

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? - Lemmy.World

Lemmy

That’s basically what Amazon did. They did it even worse: they sold many things below cost. They ran their entire business burning cash for a long time (surviving off money raised from investors and later from going public and selling stock), driving other book stores out of business. Once they had enough market share and less competition, they negotiated tougher deals with punishers for lower costs and raised their prices to be at least a little profitable (they still sell some things loss-leader and many things at cost).
Fuck. Not only are there multiple Punishers, but Amazon negotiated tougher deals with them?? Shit. That’s how you capitalism I guess.
They didn’t mean Frank Castle but the robots built by Galactus
Punisher robot (Galactus creation)