Two of the more famous military sayings are “Generals are always preparing to fight the last war”, and “Never interrupt your enemy while he is making a mistake.”
— Ben Thompson, in ‘The Bill Gates Line‘
Tag: Competition
Uber’s valuation – company v/s market
Its valuation is that high despite the fact that it’s not profitable, and despite the fact that it has little protection from competitors baked into what it is and does.
Uber’s valuation, in other words, is a reflection of the global marketplace and not a reflection of Uber’s own durability as a company.
What Happens If Uber Fails?, March 23, 2017 at 03:00AM
Transparency & Price Fixing
Price transparency can in some settings facilitate tacit collusion by enabling firms to see what other firms are charging, and hence easily detect any deviation from agreed-upon high prices.
Policing the digital cartels, by David J Lynch in Financial Times Continue reading Transparency & Price Fixing
Use my marker 