A company being unable to compete with another one on price will result in a drop in revenue, as consumers purchase the product with the cheaper price. Revenue going down is bad for a business. How exactly is any of what I've just stated wrong? How exactly is another company selling a similar product at a much lower price point good for the company? Perplexing position that somehow introducing a much cheaper product into the market from company B is good for company A.
eru|1 year ago
It's good for the economy. And it's good for other companies, that you haven't mentioned. There's more than two companies in the market.