Originally Posted by
merlinextraligh
I'm saying there are a bunch of people selling power meters; there are a bunch of other people trying to sell a bit cheaper power meter because they see the money to be made by beating the current price.
The nature of markets drives the price, and that your alleged conspiracy theory doesn't work for both legal and practical reasons.
Ok well i should not have used conspiracy theory as a description. But i do think the companies that make bikes and bike related stuff gouge their customers knowing demand is inelastic. Now, you will say that is not gouging, because the buyers are willing and do t care, and i agree.
Cycling companies are more than happy to have cyclists as customers, they do t care about costs, they pay for 15 000$ bikes.
they are not colluding in their pricing per se, but keep it high in unison because demand lets them so, because cycling fiends like us are dumb.
who pays 4k for a power meter (saw it in a magazine)? Whoooo?
r&d aint cheap, but they are not developing aircraft. Its a damn weatherproof strain gauge with ant+, nothing more.
its not a motorcycle spinning an engine at 18000rpm.