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IanKelley - 4:55 am on Jun 6, 2011 (gmt 0)
It's not that groupon isn't a fantastic idea... It's that it's far too easy for a competitor to streamline things and offer businesses a much larger cut.
I think it's safe to say that this is inevitable. Perhaps Groupon will lower their commission in response, but either way their market share is going to drop.