Saturday, February 8, 2014

Greater Scale Leads to Lower Prices, Even in a More Concentrated Mobile Business?

If telecommunications really is a business with scale characteristics, then additional scale should lead to lower retail prices. And there is evidence that higher concentration levels in the U.S. mobile business have happened at the same time that retail prices have dropped. 

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SpaceX Acquisition of Cursor is About the Stack

SpaceX is acquiring Cursor ’s parent company Anysphere for $60 billion, and the valuation might be more a matter of strategic value than tra...