The Minutes of Bill Gurley on oligopoly https://minutesof.com/bill-gurley/on/oligopoly/ Everything Bill Gurley has said on oligopoly: 3 verbatim quotes between March 2012 and November 2024, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:22:07 +0000 Gurley says Visa and Mastercard have the highest operating margins in North American markets. https://minutesof.com/q/d16b8027-1c33-419f-99c1-bcc03e79163b/ https://minutesof.com/q/d16b8027-1c33-419f-99c1-bcc03e79163b/ “And there's another fact that you should know in North America, which is Visa and Mastercard have the two highest operating margin percentages in our markets total.” — BG2 Pod Wed, 27 Nov 2024 19:11:58 +0000 oligopoly Gurley says carrier consolidation from four to three increases oligopoly power and reduces venture opportuniti https://minutesof.com/q/c5db4956-2b8c-471f-9cd0-7af04554e1dc/ https://minutesof.com/q/c5db4956-2b8c-471f-9cd0-7af04554e1dc/ “Having more oligopic behavior within that industry is gonna from my perspective lead to less innovation not more.” — Bloomberg Originals Fri, 23 Mar 2012 16:15:50 +0000 oligopoly Gurley argues oligopolistic carrier consolidation reduces innovation and makes ventures targeting carriers dif https://minutesof.com/q/26d5648c-8b55-4bba-ab8b-7f279690f02d/ https://minutesof.com/q/26d5648c-8b55-4bba-ab8b-7f279690f02d/ “It had already become very difficult for us to seed ventures where the primary customer was the carrier” — Bloomberg Originals Fri, 23 Mar 2012 16:15:50 +0000 oligopoly