Re: Orvis to Acquire the Scientific Anglers and Ross Reels Businesses from 3M
From my perspective, competition drives innovation. It makes no business sense to make a better/cheaper product, in order to beat the other guy, if you are the other guy.
That's not to say this doesn't make good business sense for Orvis. As a matter of fact, one might hope that it does indeed make very good business sense. Since there are now alot more eggs in one basket, you have to cheer for Orvis to make the right business decision, regardless of how cold blooded it may seem. If they don't they go out of business.
Business as with mother nature - survive and thrive, or become extinct.