Empire WILL respond

[Solitare]

[ QUOTE ]
Everything in business history and game theory suggests that when you have a silent cartel (i.e., everyone was more or less keeping rake the same) and are making a ton of money and one participant gets greedy and makes a move to steal market share (like Party just did), the other participants usually whack them really hard by engaging in a price/market share war until everyone gets sick of losing money and comes to a new equilibrium (in the process, some weaker players may go out of business or get gobbled up). So Party should prepare for a serious marketing war now. Maybe that was there plan all along, but I doubt.

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Good post.

Although I would imagine that Party is fully aware that they have started something and are prepared.

[radek2166]

[ QUOTE ]
[ QUOTE ]
Everything in business history and game theory suggests that when you have a silent cartel (i.e., everyone was more or less keeping rake the same) and are making a ton of money and one participant gets greedy and makes a move to steal market share (like Party just did), the other participants usually whack them really hard by engaging in a price/market share war until everyone gets sick of losing money and comes to a new equilibrium (in the process, some weaker players may go out of business or get gobbled up). So Party should prepare for a serious marketing war now. Maybe that was there plan all along, but I doubt.

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Good post.

Although I would imagine that Party is fully aware that they have started something and are prepared.

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U my friend have too much faith in party.

[POKhER]

I heard sportingbet.com approached Empire with a takeover bid or something?

Ill try find the source.

[johnnymac]

Yea, but nothing came from it. Discussions were stopped agreeably from both parties. This of course would have annoyed Party as Sportingbet bought Paradise not so long ago.

Joe

[scotty34]

[ QUOTE ]
Everything in business history and game theory suggests that when you have a silent cartel (i.e., everyone was more or less keeping rake the same) and are making a ton of money and one participant gets greedy and makes a move to steal market share (like Party just did), the other participants usually whack them really hard by engaging in a price/market share war until everyone gets sick of losing money and comes to a new equilibrium (in the process, some weaker players may go out of business or get gobbled up). So Party should prepare for a serious marketing war now. Maybe that was there plan all along, but I doubt.

[/ QUOTE ]

Which is exactly why gas prices are so low right now.

[Guthrie]

That's great, but my Empire money is back at Neteller for the duration.

[Petomane]

Yeah, right, a billion dollar conglomerate that didn't have a phone number and couldn't receive e-mails from most of it's customers. I moved from Empire to Party two months ago, because Empire was bad. Like I give a toss where I play, as long as there's fish. If Party gets tight, I'll move with the flow. There'll always be online poker and it's better than ever now.

[Chaostracize]

Definitely a smart move to go from Empire to Party. Definitely smart.

I think it's so funny that some of you would rather focus on the fact that I don't ever post here and call me a "troll." Fact of the matter is, I deal with a lot of the 2+2ers on almost an everyday basis.

The point that I am making is a pretty obvious one to begin with, regarless of whether or not you believe that I had a long conversation with an important person within EP. Everybody just assumes that EP is history. They are worth literally BILLIONS of dollars. They are going to respond and respond AGGRESIVELY. I honestly think that PP destroyed their business in the longrun by what they did yesterday. EP will not retain the same number of players, but I believe they will be a respectable network and PP will lose their position as #1 quickly.

[cardcounter0]

[ QUOTE ]
Fact of the matter is, I deal with a lot of the 2+2ers on almost an everyday basis.

[/ QUOTE ]

How long have you been cleaning the floors at the porno parlor?
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