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In general market incumbents, especially the larger ones, shouldn't resent new regulation. As long as it affects all their competitors equally, they won't lose
by lovemenot 3y ago
In general market incumbents, especially the larger ones, shouldn't resent new regulation. As long as it affects all their competitors equally, they won't lose market share and can pass on increased costs to customers. In this case, customers receive additional value (right to repair) so they should accept additional costs, if any.
I think the manufacturers' real concern has not been cost of compliance, but rather loss of service revenues which business model is arguably customer-hostile.
- naikrovek 3y ago> I think the manufacturers' real concern has not been cost of compliance, but rather loss of service revenues which business model is arguably customer-hostile. well, usually the services needed by the owner are provided by a dealer, and not the vehicle manufacturer, so I'm not sure that holds water. I don't think the manufacturers lose anything except a small amount of goodwill from a dealer who can no longer charge $100 every few years when a particular dealer tool would be needed to convince a tractor to resume operation. that's not a lot of loss for a dealer. manufacturers do supply parts, but that wouldn't change if an end user installs the parts instead of a dealer. most farmers fix their own tractors using first-party parts already.