[lbatx]

> There are just as many counterfactuals to this strategy as there are examples. The scooter market is an especially bad - there is so much capital from so many companies - if you were trying to establish monopolies that would be a bad bet.

That's not a counterfactual. The fact that the strategy wasn't executed in this market, or was poorly executed, or was executed by too many people, doesn't mean it's not a strategy. It's just a strategy that is imperfect.