| reply to markofmayhem
said by markofmayhem:And yet the posts above yours are from people who are claiming everyone will leave AT&T. If they can leave and still have access to the same product, then it's not a monopoly. The above posts are written by hardcore internet users who care deeply about their fair and speedy access to the internet. They are also a very tiny minority. The reality is most people don`t even realize an additional fee is added on to their bill until after they sign up. |
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markofmayhemI can haz competition?Premium
join:2004-04-08
Pittsburgh, PA
kudos:4 | and that makes it a monopoly? Users not noticing fees?
Cable, Pots, VoIP, Cellular... is there a spec of land in this country left with an actual phone monopoly? |
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 sivranBack to Opera againPremium
join:2003-09-15
Arlington, TX
kudos:1
 ·RoadRunner Cable
| said by markofmayhem:and that makes it a monopoly? Users not noticing fees? Cable, Pots, VoIP, Cellular... ....are all different products, two of which depend on the duopoly for functionality.
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In dadkins' memory, Think outside the Fox... |
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Reviews:
·Comcast
| reply to markofmayhem
Sorry, but POTS is required to have 99.99% network uptime. The other products you mentioned are not, and therefore you've defeated your own "have access to the same product " argument. The other products also use external power sources and are very subject to not functioning (or malfunctioning) in the case of a disaster, overload conditions, etc. While many people would abandon their POTS line for favorable pricing, others will not because there's not another product that offers them the same reliability and piece of mind for emergency situations that POTS does. |
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markofmayhemI can haz competition?Premium
join:2004-04-08
Pittsburgh, PA
kudos:4 | Network uptime, external power sources... are unique offerings:
Monopolies are thus characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods. -Blinder, Alan S; William J Baumol and Colton L Gale (June 2001). "11: Monopoly" (paperback). Microeconomics: Principles and Policy. Thomson South-Western. pp. 212. ISBN 0-324-22115-0. "A pure monopoly is an industry in which there is only one supplier of a product for which there are no close substitutes and in which is very difficult or impossible for another firm to coexist"
Pots, Cellular, Cable, VoIP... are offered from separate entities, there is no phone monopoly. You have provided excellent reasons why Pots is still a marketable offering for phone, not reasons why it is a monopoly for phone service. |
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1 edit | said by markofmayhem:Network uptime, external power sources... are unique offerings: Monopolies are thus characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods. -Blinder, Alan S; William J Baumol and Colton L Gale (June 2001). "11: Monopoly" (paperback). Microeconomics: Principles and Policy. Thomson South-Western. pp. 212. ISBN 0-324-22115-0. "A pure monopoly is an industry in which there is only one supplier of a product for which there are no close substitutes and in which is very difficult or impossible for another firm to coexist" Pots, Cellular, Cable, VoIP... are offered from separate entities, there is no phone monopoly. You have provided excellent reasons why Pots is still a marketable offering for phone, not reasons why it is a monopoly for phone service. Are you kidding? What part of `close substitutes` did you not understand in your own gosh darn definition? How is Cellular or Cable even a remotely close substitute for something with guaranteed network uptime and external power sources? It`s as if when you read these definitions you purposely twist them to fit your own view of the world. |
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markofmayhemI can haz competition?Premium
join:2004-04-08
Pittsburgh, PA
kudos:4 | said by sonicmerlin:said by markofmayhem:Network uptime, external power sources... are unique offerings: Monopolies are thus characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods. -Blinder, Alan S; William J Baumol and Colton L Gale (June 2001). "11: Monopoly" (paperback). Microeconomics: Principles and Policy. Thomson South-Western. pp. 212. ISBN 0-324-22115-0. "A pure monopoly is an industry in which there is only one supplier of a product for which there are no close substitutes and in which is very difficult or impossible for another firm to coexist" Pots, Cellular, Cable, VoIP... are offered from separate entities, there is no phone monopoly. You have provided excellent reasons why Pots is still a marketable offering for phone, not reasons why it is a monopoly for phone service. Are you kidding? What part of `close substitutes` did you not understand in your own gosh darn definition? How is Cellular or Cable even a remotely close substitute for something with guaranteed network uptime and external power sources? It`s as if when you read these definitions you purposely twist them to fit your own view of the world. Wow, we can't get out of economics 101 to even begin an intellectual discussion. Network uptime is quality, the quality of a product does not make it unique in any market, considered by any economy, in the world. Quality is a value attribute, not a uniqueness of a product. BTW, my cable VoIP has a 99.5% uptime clause from my local PUC and must adhere to it. If Vonage and others sell to me, they must adhere to it as well. If your local PUC has chosen a company within a service instead of the service itself to adhere to this quality standard, it still has no bearing on the definition of a monopoly.
Let's simplify it, I assume it will help you?
What are we talking about? Telephone. What is "Telephone"?
"The telephone (from the Greek: τῆλε, tÄ“le, "far" and φωνή, phÅnÄ“, "voice") is a telecommunications device that transmits and receives sound, most commonly the human voice."
What services are available for this? Pots, VoIP, Cable, Cellular...
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I can haz competition? |
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grawksPremium
join:2009-09-11
US | i lol'ed |
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