Hi: I'm sure exactly what "price gouching" means, but if you're implying this will lower the prices, that isn't necessarily the case. I only have a basic grasp of economics but it's my understanding that the fewer firms that exist in a market (an oligopoly) selling slightly differentiated products (bn and pac mate are both note-takers but are marketed toward different people), each firm has the ability to RAISE prices, not lower them, because as a consumer, you have less of a choice as to whom you wish to purchase your product.
Whereas, if you have many different firms (monpolistically competitive), one particular company could not raise its prices exorbitantly because as a consumer you would simply switch companies. Can we tell I have an econ midterm in three days? Laura >------ original message ------ >from: "Victory Associates LTD, Inc." <[EMAIL PROTECTED] >Subject: Re: [Braillenote] Pulse is reviving plans to float: mergeswithVisuaide >Hey Mary, it's the END OF COMPETITION!! More price gouching, perhaps?? >Time will tell though. I wonder which company is next in this merger >business?? GW Micro and may be Dolphin are the ONLY INDEPENDENT ONES left, ><hmmmmm>!! >Sincerely, >Olusegun
