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cacoPremium
join:2005-03-10
Whittier, AK
1 edit | reply to oliphant
Re: It's illegal From Wikipedia, the free encyclopedia
"Predatory pricing is the practice of a dominant firm selling a product at a loss in order to drive some or all competitors out of the market, or create a barrier to entry into the market for potential new competitors. The other firms must lower their prices in order to compete with the predatory pricer, which causes them to lose money, eventually driving them from the market. The predatory pricer then has fewer competitors or even a monopoly, allowing it to raise prices above what the market would otherwise bear.
In many countries, including the United States, predatory pricing is considered anti-competitive and is illegal under antitrust laws. However, it is usually difficult to prove that a drop in prices is due to predatory pricing rather than normal competition, and predatory pricing claims are now quite difficult to prove due to high legal hurdles designed to protect legitimate price competition."
Based on this , I'll consider what Verizon is doing is just plain competition. Verizon is not the dominant firm.
I would think these speeds will end up going to all areas that FIOS is available.
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President Hillary Clinton! Are you scared yet?
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 oliphantI Have 8 BoobiesPremium
join:2004-11-26
Corona, CA
2 edits | Normal competition doesn't matter...the law states they can not charge different prices to different consumers unless it costs them different when the purpose is to substantially lessen competition which them doing this in mainly competitive markets plainly shows.
Title 15 section 13 is what Verizon is violating. They are dropping the prices and raising speeds in those markets where they face stiff competition while maintaining higher prices for everyone else. Verizon can not do it to fight competitors in this matter.
It certainly is competing, but they are illegally competing in this instance.
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