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>The idea that everything is so complex that only a small number of suppliers are capable of building any machine is preposterous. Did you read the article? It
by constantcrying 1y ago
>The idea that everything is so complex that only a small number of suppliers are capable of building any machine is preposterous.
Did you read the article? It even says that the market is full of smaller companies. Around 50% are at <10% market share.
- jongjong 1y agoIn a nation of 350 million people that's not particularly impressive. The price of the product says it all. It's clearly not competitive.
- constantcrying 1y agoTrucks are expensive, firefighting equipment is expensive. It is a small industry with high demand for customization and low numbers, of course prices are going to be high. >It's clearly not competitive. It clearly is competitive though. Else you would have one or two large players and nothing else.