>Why on earth would Lenz allow Hornby to rebadge their top of the line decoder and sell it for less than Lenz's own price for the Gold?
Because Hornby have brand recognition in the UK market. So long as Lenz get the return they want, should it matter to them what price Hornby sell it for. Hornby are a publicly quoted company and the shareholders won't stand for unnecessary subsidies. There's also the "fear factor" - Hornby are going to sell a top end decoder, so why not a Lenz, rather than a Zimo, ESU or even in house design. I wouldn't have thought that Bachmann have an exclusive agreement with any of their DCC suppliers. I still think the Maerklin and Trix DCC controllers bear an uncanny resemblance to the ECoS.
David
Because Hornby have brand recognition in the UK market. So long as Lenz get the return they want, should it matter to them what price Hornby sell it for. Hornby are a publicly quoted company and the shareholders won't stand for unnecessary subsidies. There's also the "fear factor" - Hornby are going to sell a top end decoder, so why not a Lenz, rather than a Zimo, ESU or even in house design. I wouldn't have thought that Bachmann have an exclusive agreement with any of their DCC suppliers. I still think the Maerklin and Trix DCC controllers bear an uncanny resemblance to the ECoS.
David