"Dumping" in the context of international trade; Predatory pricing.
The standard model for tech firms has been to run at enormous losses to push competition into bankruptcy or steal their users through subsidized service.
No European social media company could compete with e.g. Twitter, running at a loss for TWELVE years.
In more recent years, it's things like Uber. Subsidizing ride costs to crush existing taxi services & European taxi startups.
This is all, ostensibly, illegal under international law. You can't do it for cars or commodity goods. It's just not been enforced on the tech industry.
The standard model for tech firms has been to run at enormous losses to push competition into bankruptcy or steal their users through subsidized service.
No European social media company could compete with e.g. Twitter, running at a loss for TWELVE years.
In more recent years, it's things like Uber. Subsidizing ride costs to crush existing taxi services & European taxi startups.
This is all, ostensibly, illegal under international law. You can't do it for cars or commodity goods. It's just not been enforced on the tech industry.