It means that they can't even buy the same product together with an optional warranty from the manufacturer, thereby ending up with a situation that's functionally identical. I disagree with the idea that free markets need guardrails for the reasons that I mentioned before: I believe that consensual agreements between people shouldn't normally be regulated by the state, and that when you take a free market and then add "guardrails" to it, it's no longer a "free" market.Īll that minimum warranty legislation does is to remove the freedom that people previously had to buy products with shorter warranties, or without one. If you can't imagine not using their products after the next refresh, you've put yourself in a very poor negotiating position. I'm just cynical about how often people will knowingly make themselves reliant on a single company without reading through the small print or thinking through the implications of what is essentially entering into a long-term strategic partnership with a vastly unequal partner without a having a hedging strategy. ![]() ![]() It's also a bit like the Creative sector when Adobe moved to a subscription model people balked and held out for a time, but ultimately they voted with their wallets and bought the magic product that could be provided by only one company on Earth, and without which they couldn't possibly continue to make art-work. JD have competitors, and I'd imagine that if this episode hasn't tanked their business it's due to risk-aversion from buyers (à la IBM), vendor lock-in, or customers being set in their ways. In either case you're paying a premium for the name and the associated service contract for a time-sensitive mission-critical locked-down (and to some extent black-box) function which is presumably crucial to your business's ability to generate revenue. ![]() I don't really see too much of a difference between buying a tractor from John Deere and buying a fancy SAN from Oracle. Industries are being computerised, so it's not too surprising that business practices are bleeding over.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |