Saturday, May 23, 2020

Popping the hood on Vroom’s IPO filing

Good news! Companies like Vroom, CarMax, or Carvana selling used cars over the Internet are making the car market more competitive across state borders!



It is high time that new cars were sold the same way over the Internet across state borders! However, car dealerships in every state are represented by very entrenched, powerful vested interest groups protected and they habe been protected by exclusive state monopoly laws for many decades!



Popping the hood on Vroom’s IPO filing | TechCrunch

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