When your business model is "profit margins are for after we've killed or neutered all competitors", you don't have a business and that fundamentally shouldn't be permitted for a healthy economy.
IIRC theres a page on the FTC website which condescendingly explains that while predatory pricing can theoretically exist in practice it's vanishingly rare and you can basically just assume it doesnt happen.
So there you go. Hear no evil see no evil.
If you parachute in with enormous sacks with dollar signs on them from Silicon Valley and engage in deep predatory pricing in other cities and states both within your country and without, I'm comfortable calling it dumping.
Your other point wrt the FTC is, well...womp womp.
https://www.ftc.gov/advice-guidance/competition-guidance/gui...
>Can prices ever be "too low?" The short answer is yes, but not very often.
>courts, including the Supreme Court, have been skeptical of such claims.
I can think of about 5 examples just off the top of my head (not just Uber) where it was clear and obvious and they got away with it.
The courts are as skeptical as the FTC. Judge Jeffrey S. White tossed the suit against Uber despite how blindingly obvious it is that they do it.
Dumping is a tactic that can be used whether you are blitzscaling or not.
Multiple competitors can blitscale. Blitzscaling or not, the problem is when a market has no competition. This is century old solved economic and legal theory.
Also the worst things in society
What it tells you about govt is that it’s an important organizational process that has deep implications.
Blitzscaling, when dressed up by the VC class, is more along the lines of "prioritizing growth over efficiency". And all the halo projects from its advocates pretended or are pretending that profit margins don't exist until everyone else is dead; your focus on efficiency can wait until everyone else has been strangled because they can't pretend that making money is optional.
I feel that you are attempting to thinly slice some very wispy hairs.
Capital growth did not give us the spacecraft and nuclear bombs. Massive government spending in the face of a geopolitical and ideological rival did.