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 14.07.2016
Fight the enemy with his weapons.

In the early 20th century, the American chemist Herbert Dow invented a new method of extracting bromine by electrolysis, which allowed to extract and sell bromine at a price of 36 cents per pound. This did not like the German industrialists, who at the time were the monopolies on the production of bromine, selling it at a price of 49 cents per pound.

Wishing to bankrupt the competitor, the Germans began to dump the sale of bromine in the United States at a losing price of 15 cents for the pound, knowing that for a long time to compete at such a price Dow will not be able.

Doou, don’t be a fool, began through intermediaries to buy dumped German bromine in America, repackage it, transport it back to Germany by steam, and already there to sell at a price of 27 cents per pound. The Germans did not know where the cheap bromine came from in Germany, and who bought all their goods in America, not realizing that they were actually beaten with their own weapons. They lowered the U.S. brom price to 10 cents per pound, which, thanks to Dow’s tactics, only led to a further drop in brom prices in Germany.

By the time the focus unfolded, Dow not only withstood the dumping of prices in America, enriching at the same time on the price difference, but also managed to seize from the Germans their own market for the sale of bromine.
Source: http://www.anekdot.ru/an/an1607/o160713.html#1
Eng

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