Could this apply to Porsche and Ferrari?
#2
Instructor
Thread Starter
It appears to be the same business model high end car manufacturers have adopted, with an artificial shortage of their most desirable models created in order to require customers to buy multiple less desirable products to be given the chance (with no guarantee) to buy the product customers actually want. This will be a very interesting case to follow. Mark McCann did a three part series on this very issue:
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abiazis (03-25-2024)
#4
Rennlist Member
How could anybody interpret that situation as having a monopoly in any sense of the word? This only applies to their own products, and Hermes certainly is nowhere near to having a monopoly in the "handbags" space.
#5
Instructor
No
#7
Rennlist Member
But for many emotional people, "monopoly" means they can't buy what they want for the price they want to pay. And they want somebody else, usually a government, to fix that.
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ldamelio (03-26-2024)