On: The Techno-Optimist Manifesto

[nickpp]

Loss leaders, price dumping and price wars are as old as the world and free markets are perfectly capable to deal with them. Here's how how Dow Chemical fought the German bromine cartel's price dumping at the beginning of the last century:

https://en.wikipedia.org/wiki/Herbert_Henry_Dow#Breaking_a_m...

No government intervention necessary.