[shrikant]

Are there any examples of (1) actually ever happening in practice?

[calbear81]

I believe this is Uber's strategy, no? Basically sell at a loss and force your competitors to follow suite (and lose money even faster) which in turn drives them out of business leaving only Uber as the dominant player in a market.

[yishanl]

Airport terminals where there is only one "cafe"/snack kiosk.

I met Sama at one once. He was incredibly humble.