, 3 tweets, 1 min read Read on Twitter
John Malone's "wholesale transfer pricing" in one form:

"If your suppliers for e.g. have a lot of bargaining power, all else held constant, you tend to be less profitable, and vice-versa."

Also Porter's Five Forces and Roger Fisher's BATNA.
"Zero distribution costs and zero transaction costs flip this numbers game on its head: it is for the first time possible to control individual consumers at scale....Moreover, each of these [demand aggregators can] 'know' end users in a way that was never previously possible.."
My explanation of Ben Thompson's "aggregation theory" is here: 25iq.com/2017/11/18/bus… The underlying factors (e.g., zero cost of distribution) produce lollapalooza effects-multiple factors are interacting in ways that are feeding back on each other producing nonlinear outcomes.
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