nilay patel

@reckless ↗

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Last Checked July 9, 2020

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Sat Feb 15 16:46:29 +0000 2020

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nilay patel @reckless

@futurepaul I was incorrect in saying it the way I said it, yes - but the fundamental case was over fixing prices, and in particular using what we’d call predatory pricing tactics because they had the railroad margin. (Also not for nothing, but the breakup made Rockefeller even richer) https://t.co/2NxJS3dZzD — PolitiTweet.org

Posted Feb. 15, 2020 Hibernated

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nilay patel @reckless

@futurepaul They cut prices because they had invested heavily in railroads and were using the transport fees to drive competitors out of business! There is an obvious parallel here, right on the tip of my tongue — PolitiTweet.org

Posted Feb. 15, 2020 Hibernated

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nilay patel @reckless

@futurepaul The cheap oil had a steeper price: the massive organization was inefficient and repeatedly prevented what became Standard of Indiana from developing gasoline. https://t.co/0Ygqhr9Wrv — PolitiTweet.org

Posted Feb. 15, 2020 Hibernated