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>> Losing money per transaction is dangerous.

Is that not just a form of dumping, and should therefore be illegal/regulated?

https://en.wikipedia.org/wiki/Dumping_(pricing_policy)

There is theoretically a scenario in which a company might temporarily lose money on each transaction due to scale, but over the long term manage to lower costs so that each transaction is profitable. Even that, I'd say it's dangerous to count on that, but it's not completely impossible.

I think that's different from dumping, which I consider to be a more deliberate attempt to outlast a competitor.

Depends on what 'should' you mean?

From a moral point of view, anti-dumping laws are counterproductive. Their prime use is to sue companies that have lower cost than you.

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