I've been watching the telecom landscape since 2005-6. I recall all the gov't talk and action about competition. Spectrum got dedicated for new entrants, 3-4 of them showed up. All but one gone acquired by mid-2010s. The last one got acquired in 2022. This was a perfect example for how competition is a at best a temporary solution to the fundamental problems of capitalism.
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But it's not an oligarchy right?
I believe the term is oligopoly.
Collusion through and through.
They should be all taken out back and dragged into public ownership against their corporate will.
I switched off Fido (Rogers budget carrier) not long ago, and I did get offered a sweet winback deal, but I told the contractor frankly that no, they've lost my trust after raising my monthly price 3 times in 18 months.
I'm especially glad I made the switch now that they're trying this again.
It used to be that the "market" dictated what the price would be. Now it's just unbridled greed. The ISP folks now even out their prices like the gasoline companies of old. Such fierce competition! /s
I don't get how it's sarcasm if you seem to genuinely subscribe to the idea that market forces ever determined the prices of necessities. Did you just mean the last bit about competition was sarcastic? Wouldn't that mean the opposite is assumed to be the appropriate value?
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