Originally Posted by
taras0000
Interesting indeed. I hate to jump on the bandwagon, but it seems like PM pedals would be leading assumption as to why.
This begs the question: Does the bike world need another Power Meter?
I really can't see there being much opportunity there. And it's not like people swap PMs a lot. People will go through more frames than PMs over time.
Yeah, there is a lot of money to be made, but the price wars seem to be ending in a race to the bottom to provide the cheapest device that can technically be called a "power meter".
Maybe they simply had cash to burn and didn't want to pay taxes on it?