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- From: "Joe Komenda" <joe AT komejo.com>
- To: "InterNetWorkers" <internetworkers AT franklin.oit.unc.edu>
- Subject: Re: The list isn't blowing up yet?
- Date: Sat, 8 Sep 2001 12:58:58 -0700
All of this discussion regarding monopoly power, market share and unfair
business
practices reminds me of a story about some monks who lived in England in the
latter half of the 19th century.
It seems that in order to help support the monastery, they decided to open a
flower shop in town. Now, as it happens, there were already several flower
shops
in town, and they were highly competitive. However, since neither could
develop
much of an edge over the competition, they all faired about the same in the
marketplace.
Not so with the monks. Since they had land to grow their own flowers, and were
essentially working for free, they were able to sell flowers for much less
than
the other shops. Also, people liked the idea of buying flowers from these men
of
God, so they pretty quickly gained a huge share of the town's business.
The other flower shop owners were greatly alarmed by this, and faced with the
prospect of going out of business, they sought relief from the local
authorities
and the courts, but to no avail. After all, the monks weren't breaking any
laws,
and people were free to buy flowers wherever they wanted. The shop owners then
went to the monks and asked them to raise prices, but the monks would not,
saying
they were happy with the profits they made, and they could always raise prices
later when there were no other flower shops left to take their customers.
Seeing that the monks intended to put them all out of business, the flower
shop
owners got together and hired the town blacksmith, Hugh MacTaggert, a man
whose
foul temper and gigantic stature made him feared by all. Hugh went to the
Monks'
flower shop, beat them viciously, smashed the displays, and warned them never
to
show their faces in town again. Terrified, the peaceful little monks closed
their
shop and retreated to the safety of the monastery.
All of which goes to show - that only Hugh can stop florist friars.
~Joe K
-
Re: The list isn't blowing up yet?
, (continued)
- Re: The list isn't blowing up yet?, John Beimler, 09/07/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/07/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/07/2001
- Re: The list isn't blowing up yet?, Michael S Czeiszperger, 09/07/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/07/2001
- Re: The list isn't blowing up yet?, Michael S Czeiszperger, 09/07/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/07/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/07/2001
- Re: The list isn't blowing up yet?, Steven Champeon, 09/08/2001
- Re: The list isn't blowing up yet?, Heather Hesketh, 09/08/2001
- Re: The list isn't blowing up yet?, Joe Komenda, 09/08/2001
- Re: The list isn't blowing up yet?, Joe Reid, 09/08/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/08/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/08/2001
- Re: The list isn't blowing up yet?, B, 09/08/2001
- Re: The list isn't blowing up yet?, Michael Czeiszperger, 09/09/2001
- Re: The list isn't blowing up yet?, Kevin - The Alchemist - Sonney, 09/09/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/09/2001
- Re: The list isn't blowing up yet?, Chris Owens, 09/09/2001
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