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Mon 31 Oct, 2016 10:03 am
How they gradually going to cut off their competitors' resources like financial support, customers, raw material in business field ? In the end, when the competitor lose all these resources, they will be withdrawn from the market or acquired by some of the company
@lee112233,
How do you accomplish all that in a capitalistic country?
@cicerone imposter,
The Purple Gang working out of Detroit during prohibition did all that, and more. They even sunk boats belonging to the competition.
@roger,
There's a long and interesting history on prohibition.
https://en.wikipedia.org/wiki/Prohibition
@cicerone imposter,
cicerone imposter wrote:
How do you accomplish all that in a capitalistic country?
In a capitalistic country, you buy up or control the financial support resources, raw materials, and undercut the competition in prices.
Haven't you ever played Monopoly?
My niece is a regular John D. Rockefeller.
@InfraBlue,
Who has that much money? Also, are you sure there are no laws to protect consumers from monopolies?
@cicerone imposter,
cicerone imposter wrote:
Who has that much money? Also, are you sure there are no laws to protect consumers from monopolies?
John D. Rockefeller did. Anti-trust laws prevent countries from having purely capitalist economies. It's like the idea of socialist countries. They exist only in theory.
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