Right, because in an actual free market where DHI was not heavily subsidized, DJI drones would cost MUCH more, and the other drones would be competitive.
Same for BYD vs Tesla and every other car. It is easy to win in the "free market" when you give away your product.
Same for Uber and Lyft for many years — subsidized by VCs until they gained massive scale, effectively killed all the other competition, and now the prices have gone up when they have a lock on the market, a large moat, and the VCs want a return. In my area, what was a $30 ride to the airport a few years ago, far cheaper than any airport service, is now $89.
The entire concept of a "free market" is idealized to the point of fiction.
And remember dear readers, China and Iran openly helps Russia in their invasion of Ukraine. It is like the cold war never ended.
China's covert military training of Russian forces last year was personally approved by President Vladimir Putin's defence minister and directly involved at least four Russian and Chinese generals, according to two European officials and documents seen by Reuters.
Same for BYD vs Tesla and every other car. It is easy to win in the "free market" when you give away your product.
Same for Uber and Lyft for many years — subsidized by VCs until they gained massive scale, effectively killed all the other competition, and now the prices have gone up when they have a lock on the market, a large moat, and the VCs want a return. In my area, what was a $30 ride to the airport a few years ago, far cheaper than any airport service, is now $89.
The entire concept of a "free market" is idealized to the point of fiction.