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Companies operate at a loss in certain markets all the time in order to keep competition out. Even if they’re not profitable in Norway, they don’t want a Norwegian social network muscling in on their territory.
Companies operate at a loss in certain markets all the time in order to keep competition out. Even if they’re not profitable in Norway, they don’t want a Norwegian social network muscling in on their territory.
“Competition is for losers.” - Peter Thiel, first investor in Facebook and mentor of Mark Zuckerberg