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openbox9
Premium
join:2004-01-26
Germany
kudos:2
reply to tmc8080

Re: new price points..

said by tmc8080:

just a couple of months left until google fiber puts these high prices to shame..

Uh huh, sure
said by tmc8080:

however it is a trend in the economy writ-large.. charging 300+% prices of what a product should go for.

It's called profit margin. If you owned a business you would seek to maximize your margins as well.

tmc8080

join:2004-04-24
Brooklyn, NY
Reviews:
·ooma
·Optimum Online
·Verizon FiOS

said by openbox9:

said by tmc8080:

just a couple of months left until google fiber puts these high prices to shame..

Uh huh, sure
said by tmc8080:

however it is a trend in the economy writ-large.. charging 300+% prices of what a product should go for.

It's called profit margin. If you owned a business you would seek to maximize your margins as well.

Sure, but according to at least one governer's opinion utility companies (and from there you can extrapolate incumbent telcos too) do you have god given monopolies.. there is a PUBLIC interest that must be served properly.. or NOT AT ALL by the vendor

»newyork.cbslocal.com/2012/11/05/···opolies/