Comments on news posted 2012-05-21 08:36:58: Canadian cable operator Cogeco has been on an anti-competitive tear the last few years, foisting metered billing on the back of their customers, and applying caps as low as 10GB per month with overages as high as $2.50 a gigabyte. ..
Why kids should not take over their parents empire
Louis Audet is the perfect example of why kids of the owners of a company should not always take over once their parents die.
They have no idea what it is like to "make" a company and can't appreciate customers. They just know how to make money and in doing so screw over the customers under the guise of "just doing business".
When you take over a business that already has a monopoly you take for granted MANY things. Believe it or not Cogeco was once a friendly local cable provider that everyone loved. Soon as Louis Audet took over his daddy's business everything went to shit.
They use a number of different "valves" to discourage streaming--pricing aside. In the lower tiers there is a $50 max but higher per GIG charge ($1-$1.50) on a $2c item--quite a handy profit. In the lower tiers if you don't stream the pricing is quite reasonable to the larger ones in the US. If you want speed, no problem -- just don't use it. The toll booth is unlimited no caps on upcharge.
If you look carefully though, by maxing out the price, that mysteriously prices you to what it would cost if you added the TV packages (phone is a total rip)-- so why stream when the cable package + net would cost the same.
So as one can see why bundling is illegal in many cases from a single source -- and it causes prices to rise. Cable bundled -- and channels, phone sky high, internet capped to discourage streaming.
Sounds like a monopoly in action.
You guys just need redbox and you can bypass the foolishness (a la movie magic, etc). I know it is old skool but my redbox is only a mile away (or 2km for you guys).