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Originally Posted by Heywood Jablome
Here is the flaw in this logic. The other companies wouldn't have to lower their prices, because they aren't losing any customers. If anything, they could raise their prices because the demand on their pumps would be so much higher.
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Once exxon mobile drops their prices to an acceptable level at that point people would switch back to them. This would have to be done again each time prices start to go up.