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by eru 583 days ago
> Not when the domestic companies which manufacture the same product wither as a result.

That's not how economics works.

1 comments

A company being unable to compete with another one on price will result in a drop in revenue, as consumers purchase the product with the cheaper price. Revenue going down is bad for a business. How exactly is any of what I've just stated wrong? How exactly is another company selling a similar product at a much lower price point good for the company? Perplexing position that somehow introducing a much cheaper product into the market from company B is good for company A.
> How exactly is another company selling a similar product at a much lower price point good for the company?

It's good for the economy. And it's good for other companies, that you haven't mentioned. There's more than two companies in the market.