several random thoughts that might not relate directly to each other.
First, VR comes absolutely, positively nowhere on the same planet with "antitrust" as it exists in the US currently. Which is to say, it pretty much disappeared in the 80/90s and just doesn't really exist at all any more. But when it comes to "industry dominance" VR isn't even noteworthy compared to many, many industries. Even if you limit to Colorado. I know it might feel totally different, but on objective standards, this is the case. So nobody should hold their breath . . .
Second, VR seems ripe for unionization. I'm not generally a fan of modern unions (then again, I pay all of my employees above market rate already). But they have the advantage that this can't be outsourced overseas. Still, I don't think unionization would succeed in securing a hefty hike quickly.
If you look at this as a pure supply/demand labor market, VR could go on like this indefinitely. However, given a high supply, unionization would increase the overall quality (which is generally high anyway).
VR could raise rates, but I think they are near the declining returns apex anyway. One could argue its time to accept declining margins in order to maintain price/volume ratios. `
A quick perusal of their financials says they have pretty good margins. But they also need to hedge against economic and weather activity which requires some padding.
First, VR comes absolutely, positively nowhere on the same planet with "antitrust" as it exists in the US currently. Which is to say, it pretty much disappeared in the 80/90s and just doesn't really exist at all any more. But when it comes to "industry dominance" VR isn't even noteworthy compared to many, many industries. Even if you limit to Colorado. I know it might feel totally different, but on objective standards, this is the case. So nobody should hold their breath . . .
Second, VR seems ripe for unionization. I'm not generally a fan of modern unions (then again, I pay all of my employees above market rate already). But they have the advantage that this can't be outsourced overseas. Still, I don't think unionization would succeed in securing a hefty hike quickly.
If you look at this as a pure supply/demand labor market, VR could go on like this indefinitely. However, given a high supply, unionization would increase the overall quality (which is generally high anyway).
VR could raise rates, but I think they are near the declining returns apex anyway. One could argue its time to accept declining margins in order to maintain price/volume ratios. `
A quick perusal of their financials says they have pretty good margins. But they also need to hedge against economic and weather activity which requires some padding.
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