AT&T Lowers Data Access To Just $500/GB
GMGruman writes "No doubt in a move to demonstrate how having fewer carriers (once it buys T-Mobile) will be good for US cellular customers, AT&T has announced lower data pricing for customers not on contract: On a per-gigabyte basis, GoPhone users will only pay $500 rather than the previous $5,000. Such a deal. The pricing is indeed lower, but even the best option for such users is five times more than regular customers pay. And given that pay-as-you-go pricing is what the poor and people living paycheck to paycheck use, the result is those who can afford the least still pay by far the most."
The problem in reality is that the government got involved in the first place.
Gave away money for a private company to build infrastructure. Then the corps use the government to create regulations that severely limit the ability
for new companies to really compete against these government backed Monopoly/Duopolies.
Then the government uses their bad practices (Made possible by government regulations) to increase the regulation of the industry.
They have to be very careful though. They have to make sure that the new regulations while looking good actually allow the entrenched government backed
corporations to behave badly and increase their profits. The government can then use this as an excuse to regulate the evil corporation the next time.
Why is it so hard to only have politicians for a few years, then have them go away?