 SLDPremium join:2002-04-17 San Francisco, CA | Bad horse, bad! Flogging a dead horse this week. |
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 guppy_fishPremium join:2003-12-09 Lakeland, FL kudos:1 Reviews:
·Verizon FiOS
| Since when does a business have to justify a price?
They are free to charge what the market will bear, that's what our capitalist system is all about. The Investors and owner of the company have every right to make the maximum possible profit possible, you don't like it, go start your own competitive company.
Now I agree, they are trying to create a nice story for average homeowner Joe and Jill to why the billing will change for there IP delivery, but that's got nothing to do with why the company wants to make a profit or if the should be allowed to make unlimited profits vs being a regulated utility
So Karl, the real story you might consider starting to drum beat non-stop is making IP delivery a regulated utility otherwise no amount of posts or supposed back lash of customers who will ditch there cable or fiber provider ( not a chance ) when we go metered will ever ever ever happen, we are all hooked on the internet crack pipe forever.
I look at it this way, I had to pay metered billing for my ISDN connection, so I know where we have come from and it is insanely cheap the bandwidth we have, even if it doubles in cost, its literally 1000 times faster than what I had in 1999 and paid close to 1000 month in ISDN charges for what I now get for 65 buck a month for symmetric 25/25mbs |
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 | And consumers are free to educate other consumers on what costs are associated with those prices so they know if they are getting ripped off. |
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 aaronwtPremium join:2004-11-07 Woodbridge, VA Reviews:
·Verizon FiOS
| reply to guppy_fish said by guppy_fish:Since when does a business have to justify a price? They are free to charge what the market will bear, that's what our capitalist system is all about. The Investors and owner of the company have every right to make the maximum possible profit possible, you don't like it, go start your own competitive company. Now I agree, they are trying to create a nice story for average homeowner Joe and Jill to why the billing will change for there IP delivery, but that's got nothing to do with why the company wants to make a profit or if the should be allowed to make unlimited profits vs being a regulated utility So Karl, the real story you might consider starting to drum beat non-stop is making IP delivery a regulated utility otherwise no amount of posts or supposed back lash of customers who will ditch there cable or fiber provider ( not a chance ) when we go metered will ever ever ever happen, we are all hooked on the internet crack pipe forever. I look at it this way, I had to pay metered billing for my ISDN connection, so I know where we have come from and it is insanely cheap the bandwidth we have, even if it doubles in cost, its literally 1000 times faster than what I had in 1999 and paid close to 1000 month in ISDN charges for what I now get for 65 buck a month for symmetric 25/25mbs WOW ! I had it easy back then, I had 5mbs down/1mbs up with unlimited usage for only $16 a month. |
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 jmn1207Premium join:2000-07-19 Ashburn, VA | reply to guppy_fish Idealistically, I'm on your side; however, I don't believe that the customers have a great deal of control within this type of market. There aren't enough options available, and the competition is rather thin. A fast, reliable network connection is becoming too important for most people to do without, so the only real option we have that has any noticeable impact, which is to cancel our service, isn't likely to take root with the masses.
When the ISP's version of metered billing is put into play, it will provide them with an excellent tool to artificially adjust bandwidth capacity supply and demand by careful application of service plan pricing. |
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 ck9 join:2004-06-12 Portland, OR | reply to guppy_fish I understand your point about businesses not having to justify their price to consumers, HOWEVER, typically the market takes care of itself due to competition. In the realm of ISP's how many choices do you truly have?
Companies aren't supposed to be allowed to screw everybody over because there is no competition, that is called a monopoly and supposedly there are laws against them.
We are missing the bigger issue here. Since we all know that government is bought and paid for by lobbyists, until we change the way elected officials campaigns are financed and who can contribute, limit PAC's, etc., things will NEVER change. We will always have a government by and for the big corporations, not by and for the people.
Elected officials aren't interested in helping you and me, they are interested in getting elected or re-elected. Who pays for this? They always know if political candidate "A" doesn't take their bribes, err, "campaign contributions," that his/her opponent will be more than happy to. |
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 Hanko join:2001-12-28 Eatonville, WA | reply to guppy_fish said by guppy_fish:Since when does a business have to justify a price? They are free to charge what the market will bear, that's what our capitalist system is all about. The Investors and owner of the company have every right to make the maximum possible profit possible, you don't like it, go start your own competitive company. I agree that in a competitive marketplace the companies should be able to charge what the market will bear. But because most of us live in areas that are served by just one or two Broadband ISP's we are locked into a non competitive pricing scheme. I don't consider Satellite Broadband on the same level as DSL or Cable or FIOS.... (Yes I've used several satellite broadband providers in the past).
When my provider decides to raise my rates, charge for metered billing, bill me for providing a paper bill all I can do is bend over and take it with the 55Gal drum of KY they delivered last week. I have no other option except for ISDN, T1. (Yes I had a T1 line for 9 years)
True competition is a great thing. I even relish it in my business because it keeps us on the leading edge and providing even better products to our customers.
But when the ISP's are not truly competing with each other for my business and they want to pull a few more dollars out of my already widened backside I begin to lean toward regulation.
To the ISP's...don't complain when you are not getting enough cash out of me for the products you are selling to me. Provide me with the actual products I want and I will gladly let loose of the purse strings and pay a fair competitive price for the product.
sorry about the rant...I'll go take my prozac now... |
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 r81984Fair and BalancedPremium join:2001-11-14 Katy, TX Reviews:
·AT&T U-Verse
·AT&T DSL Service
·row44
| reply to guppy_fish said by guppy_fish:Since when does a business have to justify a price? They are free to charge what the market will bear, that's what our capitalist system is all about. It is not fair when there is no market and only monopolies and unequal duopolies. These people could charge $100 a month for internet and everyone one will either have to choose no internet or to pay it. -- Democrats are not Socialists any more than Republicans are. |
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 ScottMoOnce in a LifetimePremium,MVM join:2000-12-15 Stony Brook, NY | I disagree. When the costs gets too high, the profit margin looks great and new players enter the mix. Just because currently I have a choice of one DSL, cable, FIOS, and wireless connections to my house doesn't mean I will always have only those.
With enough incentive more companies will enter the market and offer cheaper internet. Will they be as fast as the 15/2 line I have now? Don't know. When I started with DSL back in 1999, I had a 768/128 Telocity DSL line and 15/2 lines were unheard of. Technology, I love it and put my (broadband) faith in the neverending pace of it. |
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 VanPremium join:2009-07-08 New Orleans, LA | reply to guppy_fish
Considering how much lobbying these companies do whether in Washington DC for federal purposes OR local states/cities for local purposes....I would say justification is not such a bad thing
My business can charge what it wants but if I went looking for handouts from the city/state/federal government or "breaks".....I wouldn't be shocked to have to explain why OR explain my business to others |
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 r81984Fair and BalancedPremium join:2001-11-14 Katy, TX Reviews:
·AT&T U-Verse
·AT&T DSL Service
·row44
1 edit | reply to ScottMo
Re: Bad horse, bad! New players???? Where?
Everywhere when people have tried to do munifiber projects because of no competition the incumbents sued them and either stopped the projects or delayed them by years and added millions to their cost.
Since 2000 no one has entered the highspeed market except phone companies and cable companies since they already have the lines. WISPs have come and gone and really only compete with satellite for rural broadband. These monopoly companies will spend millions to stop the competition. -- Democrats are not Socialists any more than Republicans are. |
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