SpaceX has now become America’s supplier for the International Space Station, a role which many other companies wish they could have. Ever since NASA shut down the space shuttle program companies have been jumping on opportunities to launch themselves into the space market, this is an exciting leap forward for the privatization of an emerging market. The selling of contracts for supply missions and such worried many about whether the job would be done right; these concerns are fading, as these private companies are also improving on what other governments have been doing. Not only is SpaceX supplying the ISS, but they are also returning with blood and urine samples from the astronauts- something none of the other countries are able to do. It is an exciting time, as innovations will most likely keep arising and humanity’s exploration of the final frontier will begin to take place in ernest.
Month: October 2012
Categories
Eyeglasses Monopoly
When one goes to a store looking for a pair of glasses they are bombarded by choices, Oakley, Ray Ban, Chanel, Dolce Gabbana, Tiffany, and so on. Little do consumers know that no matter which name is on their glasses when they leave the store, they will be wearing a Luxottica product. This massive corporation that not only has a virtual monopoly in the eyeglass market, but also owns many of the eyeglass distributers, started as a small Italian tool shop. It is because of Luxottica’s massive market share that glasses which cost $30 to make, are sold at $300.