Re: Another Reason IH Went Broke

Posted by Paul in Mich on January 04, 2004 at 17:11:52 from (68.188.227.110):

In Reply to: Another Reason IH Went Broke posted by hagan on January 04, 2004 at 14:10:23:

Hagan, Fasthitch was by no means the sole contributor in the demise of IH. There were a multitude of factors, mostly business decisions. However, Fasthitch ended up being a proprietory design not unlike BETA video system and Macintosh Computor systems, in that only proprietory dedicated equipment would work, and nobody else was allowed to manufacture compatible competitive equipment because of exclusive patents held by IH. This meant that the only way one could utilize the Fasthitch system was to buy the tooling from IH or make their own which was in no way cost effective. There were other proprietory hitching systems such as Case's claw hitch, but the most common was the 3 point system developed by Ferguson. The difference was that other manufacturers could reproduce without patent infringements the equipment and mount it on the ferguson system. Eventually that system became generic just like Kleenex is to facial tissue. I'm surprised that companies like Sony and Apple computers didnt learn from other companies. While they haven't gone broke, they have greatly restricted their market share thru proprietorship. If that were the only reason IH went bust, it would be enough, but it weas really a very small contributor.

Follow Ups:

• Re: Re: Another Reason IH Went Broke dhermesc 05:51:14 01/05/04 (1)
  • Re: Re: Re: Another Reason IH Went Broke Paul in Mich 06:14:28 01/05/04 (0)

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