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by tyingq 3347 days ago
So, wait it out, and then raise prices? Assuming that won't affect demand I suppose. Give me a mountain of cash and I'll start a flat rate $25 airline and put everyone under. Then I'll raise prices when it's over. Guess what happens when the mountain of cash is gone and I have to charge something that makes margin? We're back to competing because my moat was artificial. Nobody has demonstrated a profitable quarter yet in this nuevo taxi game.