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(52,163 posts)
38. but the communications industry has long found ways to rip people off.
Thu Feb 14, 2013, 06:45 PM
Feb 2013

genuine competition means more than just having a limited choice of a few providers offering quite similar services with quite similar pricing structures.

genuine competition means that fly-by-night behavior quickly gets squashed out. back in the days of pay phones, there were unscrupulous vendors who would charge something like $10 a minute (surprise!) for collect or credit card charges, and this was a long-term highly profitable business. i know someone who did this for about 20 years. the telcom industry is rife with stories like this.

part of the problem is that the accepted practice is to have highly confusing billing statements and pricing plans, and often the cost incurred is not known easily until afterwards (holy crap, i went HOW MUCH over my minutes/data plan?)

part of the problem is that there's not enough strong companies out there willing and able to appropriately undercut the incumbents. there are very high barriers to entry.

Maybe it isn't as expensive to do business in India Leslie Valley Feb 2013 #1
Blame the Telecommunications Act of 1996 starroute Feb 2013 #2
Here's one recent article -- there have been others starroute Feb 2013 #4
And here's an excellent segment from Bill Moyers' program starroute Feb 2013 #6
^^^^^^^This Blue_Tires Feb 2013 #31
Because here there is nothing to prevent them from gouging. libtodeath Feb 2013 #3
bingo. that would be government regulation. oh no! robinlynne Feb 2013 #7
you buy politicians, you can get some cheaper rates :-) nt msongs Feb 2013 #5
Last I heard texting was free in Eastern Europe and Russia as well. go west young man Feb 2013 #8
Capitalism is a failure. Fantastic Anarchist Feb 2013 #42
Partly ignorance nadinbrzezinski Feb 2013 #9
economies of scale, what does the average worker make in India? Demonaut Feb 2013 #10
If that is the case, perhaps you would like to explain Japan. n/t Egalitarian Thug Feb 2013 #18
japan? your point? Demonaut Feb 2013 #22
Higher standard of living, and better paid than us, similar prices to India. Egalitarian Thug Feb 2013 #34
For Pete's sake, it's called capitalism TexasBushwhacker Feb 2013 #11
No, it's called collusion and before reagan it was illegal. n/t Egalitarian Thug Feb 2013 #17
Exactly. nt redqueen Feb 2013 #32
vigorous competition is a prerequisite of genuine capitalism. unblock Feb 2013 #26
But there is certainly competition in the cell provider industry TexasBushwhacker Feb 2013 #36
but the communications industry has long found ways to rip people off. unblock Feb 2013 #38
Well, telecoms are publically held companies TexasBushwhacker Feb 2013 #40
the nature of the game is that individual companies to rotten, anti-competitive things unblock Feb 2013 #41
There is no economic anarchy here. Fantastic Anarchist Feb 2013 #43
sorry if i'm using the wrong terminology. what i mean is unblock Feb 2013 #44
I didn't mean to come off as harsh ... Fantastic Anarchist Feb 2013 #45
Nairobi is 10$ for 1.5gb of data JCMach1 Feb 2013 #12
$15 a month for unlimited in India seems expensive SmileyRose Feb 2013 #13
This is why I refuse to get more than a Tracfone to be used for Skidmore Feb 2013 #14
Same here.. I do not want to be trackable/phone-able 24/7 SoCalDem Feb 2013 #19
Trac fone here too .. littlewolf Feb 2013 #20
My Tracfone figures to way less than $.35/min rgbecker Feb 2013 #24
For many of us, the phone is our mobile computer system... JCMach1 Feb 2013 #25
I just have a landline jambo101 Feb 2013 #15
For a long time, I only had a land line, RebelOne Feb 2013 #46
William Jefferson Clinton in a series of bipartisan votes handed the nation over to the billionaires Egalitarian Thug Feb 2013 #16
The biggest killers of inovation and growth. The communication monopoly. Safetykitten Feb 2013 #21
we are exceptional----exceptionally screwed that is dembotoz Feb 2013 #23
Wasn't there a recent story about the US Government offering data service for low/no cost? tridim Feb 2013 #27
I generally agree, but ParkieDem Feb 2013 #28
Also, ParkieDem Feb 2013 #30
We got tired of the robbery from our cell phone provider.... Grammy23 Feb 2013 #29
Yes, we should pay workers here the same as those in India are paid! Motown_Johnny Feb 2013 #33
The wages are getting close to being the same. Bake Feb 2013 #35
When politicians are bought, it's money well spent. Autumn Feb 2013 #37
It's not just that..... Avalux Feb 2013 #39
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