Hacker News new | ask | show | jobs
by AnthonyMouse 1877 days ago
> If some other country starts to develop an in-house supply chain for some specific item, exports for that specific item are turned back on and possibly sold at a loss until the threat ceases.

Notice that this is not a new thing. It's the classic strategy used by 19th century robber barons before there were antitrust laws. Have a large conglomerate, if anyone tries to compete with you in any industry, use profits from other markets to sell below cost until they go out of business and you have a monopoly again.

The question now is how to effectively enforce "antitrust laws" against a government.

1 comments

Tariffs usually