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Judge Rejects Sale of Infowars to The Onion (www.nytimes.com)
submitted 2 years ago by to c/technology@lemmy.world
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“It seemed doomed almost from the moment they decided to go to a sealed bid,” Judge Lopez said. “Nobody knows what anybody else is bidding,” he added.

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[+] [S] -13 points 2 years ago

Thing is, starting with lowballing (high in a market's case) and then getting into a price war is exactly how a market decides things. I get what you mean, but I also agree that the market is equivalent to open-bid.

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