jerryc41 wrote:
Porter-Cable has gone out of the router business. Unfortunately, like many other industries, selling tools is nothing more than a way to make as much money as possible. You probably know that Stanley, B&D, Porter-Cable, and Craftsman are all just one big company. The ones in charge decide which brand gets to sell which products. . .
Consolidation is a way to gain pricing power. Pro business people talk about how competition in the market place is a good thing, but if you look back in time you’ll see that they really don’t like competition. So, the bigger ones in the market buy up the others so they can control the price in the market. Office Depot/OfficeMax/Staples is a perfect example of that. After running all the small local office supply stores out of business, those three consolidated their market power and now they have the highest prices you can find anywhere for office supplies.