3 ms·
The latency between the observation of a market opportunity, and actually realizing lower prices at the consumer level, is significant. Millions of people would
by edmundsauto 3y ago
The latency between the observation of a market opportunity, and actually realizing lower prices at the consumer level, is significant. Millions of people would be charged monopolistic prices for the year it would take.
This also assumes Amazon doesn’t buy any competitor early on, such as happened with Warby Parker.