• FauxLiving@lemmy.world
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    3 hours ago

    Both of these companies are an example of a new kind of capitalist trick where they simply take advantage of the fact that they can use an infinite amount of money to invade a market and make it completely unprofitable for any competition by losing money for years.

    They can then acquire all of these companies’ market share and then squeeze everyone with their new monopoly powers.

    It’s blatant market manipulation that any country with a functioning government would have regulated out of existence.