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E-books and e-readers had been around since the 1990s, but they are now taking off because the technology has improved, prices have fallen and consumers are, thanks to digital-music players, used to the idea of buying and consuming content in digital form.At the end of 2009 there are expected to be around 4m e-readers in circulation in America, and 6m worldwide.
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The Electronic Municipal Market Access system (or EMMA) website of the Municipal Securities Rulemaking Board has improved price transparency somewhat by providing information on municipal bond trading, but many of the reported trades on EMMA reflect interdealer activity at levels not accessible to retail investors.
It would have improved pricing power against a more consolidated steel industry as well as economies of scale.
Asda has been losing market share for the past two years as Aldi and Lidl have expanded rapidly, while bigger rival Tesco has improved its prices and service.
Indeed, as digital camera technology has improved and prices have dropped, scientists have begun to harness them for a broad range of research projects, sometimes calling on Internet users to help analyze thousands of images.
Furthermore, the greater sophistication of financial markets has improved the pricing and the distribution of risk.
He added that today there is less economic incentive for smugglers to resist the ban, since Chinese consumers have become increasingly willing to buy domestic products, whose quality has improved as their prices have gone down.
Foreclosures have plunged as the economy has improved and home prices surged.
First, he emphasised the long-term nature of drug development and pointed to Bristol-Myers Squibb (BMS) as an example of a big pharma company that has improved its share price hugely via clever deals and partnerships and a concentration on fewer therapeutic areas.
But when asked to name a merger that has improved outcomes or lowered prices, they generally fall silent.
Industry experts and travelers say service has improved in many ways, prices are down, and the experience, in general, is often better than it has been in a long while.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com