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added link to libertarian thought
For example, Microsoft initially gave away its Internet Explorer for free and destroyed the browser leader, Netscape. However, the illegality of predatory pricing can be difficult to prove.
For example, Microsoft initially gave away its Internet Explorer for free and destroyed the browser leader, Netscape. However, the illegality of predatory pricing can be difficult to prove.
[[Libertarian]] thinking is that, since the free market leads to efficiencies and hence to lower prices and benefits to consumers, predatory pricing is not a major issue.