this post was submitted on 24 Oct 2024
239 points (100.0% liked)
Technology
37734 readers
311 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Comcast would be quite unhappy with me as I'm arguing against monopolies, and for consumer choice.
Consider two companies, A and B.
A offers capless at e.g. $50/mo, and B offers capped at $40/mo.
Now B can no longer offer capped, and they have to raise prices to $55 to invest in better networking. A is cheaper, and pushes B out of the market. Now A is alone, and due to it's monopoly position raises prices to $60.
End result: Your capless connection now costs $10/mo more, and some people even end up paying $20/mo more for internet.
Yay?
Reducing competition helps the ISPs, not consumers, yet somehow I'm the shill?
I reiterate what I've written elsewhere: protect consumers by forcing companies to add choice, instead of forcing them to remove it.