13 Apr
2005
13 Apr
'05
1:35 p.m.
I think the myopia you're accusing me of having is
affecting you. When I
say The Market I mean the pool of sales that occurs on a global basis.
I'm not talking about one particular geographic region or any one spot on
the Internet. The Market, by definition, is a conglomeration of all sales
happening at all times in all places.
It is clear that the world looks different from our various perspectives. I
mostly agree with your definition of "the market", but would exclude private
sales, since by their nature they make price competition difficult (at
best).
I can't say that I have access to "all sales
happening at all times in all
places", but I also don't just rely on one particular venue and call that
"The Market". That's just wrong and invalid.
Agreed, unless the venue truly dwarfs the others under consideration.
(Which, from my limited perspective, eBay does, and by far.)
Vince