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That gives Oracle huge pricing power and a steady revenue stream from upgrades and support services.
About half of the 1.6bn tonnes of steel made globally each year comes from China, giving it huge pricing power.
But industry types are convinced that any government plan would enjoy unfair advantages, like implicit government guarantees and huge pricing power, and suspect it would serve, in Mr Gregg's words, as "a stalking horse for a single-payer system".Who is right?
The huge pricing power of the mining giant that would be created caused alarm across the world, particularly within the Chinese steel industry.
More than anything, China wants cheap and easy access to minerals to help support its rapidly-industrializing economy, so it does not want to see a monolith miner with huge pricing power dominate the market.
Though it's unclear whether Chinalco and Alcoa are seeking to buy Rio Tinto outright, one thing is certain: More than anything, the Chinese government, who wants easy access to minerals to help support its rapidly-industrializing economy, does not want to see a monolith miner with huge pricing power.
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The settlement does not address the issue of whether Reliant and other companies deliberately withheld electricity from California, leading to huge price increases, power shortages and blackouts.
A merger of BHP and Rio threatens to create a giant with a huge degree of pricing power, particularly over iron ore, which has raised the hackles of steelmakers.
Low barriers to entry, huge fixed and variable costs, lack of product differentiation and little or no pricing power with buyers and suppliers are a few.
Low barriers to entry, huge fixed and variable costs, lack of product differentiation, and little or no pricing power with buyers and suppliers are but a few.
Pricing power will come back.
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