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reply to IDriveForFun

Re: Market fail. Regulation is only way

While I am usually very much opposed to govt regulation of anything, I think at some point the govt needs to step in and reign in these mobile phone companies. There's only 4 real competitors and it seems like as soon as one raises their price they all do, none of them ever drop costs. So its really not free market capitalism at play. SMS messaging plans have gone up exponentially in cost but they cost the carriers basically nothing to send a message as they are piggy backed on calls. Data plans used to be $15, then $20, now they are all $30. Arent prices supposed to go down over time with new technologies?