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Senator Questions Rise In US Texting Prices

Posted by kdawson on from the competition-what-competition dept.

vimm writes "Senator Herb Kohl (D-Wis.) has started an inquiry on the rising prices of text messaging (up 100% since 2005) that has occurred almost in sync with the consolidation of 6 major carriers down to 4. In a letter sent to Verizon Wireless, AT&T, Sprint Nextel, and T-Mobile, Kohl said the increase 'does not appear to be justified by rising costs in delivering text messages.'"

2 of 592 comments (clear)

  1. Re:Wag the dog by PC+and+Sony+Fanboy · · Score: 0, Offtopic

    fyi, us canadians have a much lower gun+murder rate than you americans. And the biggest difference between us (besides gun control laws) is the fact that everyone knows that 90% of our movies suck.

  2. Re:Wag the dog by purpledinoz · · Score: 0, Offtopic

    If capitalism was left to run without any rules, all companies will merge to become monopolies. Eventually the very large and few corporations will control everything including the government. We would be living in another form of a totalitarian society. That's why there's rules for maintaining competition. Competition is the key to make capitalism work the way we want it to work. The lack of competition is the reason why the telcos can raise texting prices.