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Originally Posted by Mike AI
The genie is out of the bottle, it will never be put back in.
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Bingo.
One vendor giving away free ice water... puts all other competing water sellers out of business.
Gates gave away free browsers. Guess what happened to Netscape?
Gates and Rockefeller also made money off a corollary to this rule. They bought or ruined competitors, leaving only their monopoly standing.
Then, they raised prices.