View Single Post
  #2  
Old 10-02-2013, 06:48 AM
merrylander's Avatar
merrylander merrylander is offline
Resident octogenarian
 
Join Date: May 2009
Location: Maryland
Posts: 20,860
How the asians did it was that they initially assigned markets to one company. That company was subsidized by the Government such that they could undersell the local companies. Then when all the locals were gone they could charge whatever they pleased.

I had a very interesting chat over a couple of beers with a Japanese trade official waiting for my flight in the San Francisco airport.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
Reply With Quote