Can anyone think of a good example when cutting prices to take share actually worked out? In retrospect, it was not a great strategy for Philip Morris in 1993, even.
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Replying to @lhamtil @phoenixvalue
Exchanges use price cuts in the form of rebates to try and take market share all the time. If enough market share is won the network effect can overwhelm lower prices & end in an overall win.
10:32 AM - 27 Aug 2021
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