| reply to ArchAngel21x
Re: Gray Area Please explain how I switch to a competitor in a monopoly situation? What? Can't??? Guess then since I'm stuck with what ever they gouge me with. So there better be some regulation to prevent from taking advantage of this hostage situation. |
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 ArchAngel21xWaiting For iPhone 5Premium
join:2001-10-28
Lincoln, NE
 ·Internet Nebraska
| said by netscape 6:
Please explain how I switch to a competitor in a monopoly situation? What? Can't??? Guess then since I'm stuck with what ever they gouge me with. So there better be some regulation to prevent from taking advantage of this hostage situation.
Hostage situation? No one is forcing you to take their service. If you think it cost too much, then you go without. If you continue to pay, then you must not think the price is really that bad.
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I will reduce the government by dissolving the senate & house of representatives. With my new powers, I will protect America against terror and make this country great. Trust me. |
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| said by ArchAngel21x:
Hostage situation? No one is forcing you to take their service. If you think it cost too much, then you go without. If you continue to pay, then you must not think the price is really that bad.
The goverment granted them a monopoly. Normal market conditions to do not exist for a monopoly. They have no compition. It is a hostage situation. Since they have been granted special power by the goverment. It's reasonable to expect certain restirctions, such as not abusing their sole power to set prices (No compition = being able to price it what ever rate they want). I live in country where people are free to air their grievences, including those against certain abusive extortionary companies.
If they were in a normal market situation I'd say sure chrage what ever they want. They'll just go out of business if they charge too much. However in a monoply it's either their blackmail or nothing. |
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ArchAngel21xWaiting For iPhone 5Premium
join:2001-10-28
Lincoln, NE Reviews:
·Internet Nebraska
| But even in a monopoly situation, if enough people cancel their service you will see the price go down. Too many people think they can't made a difference on their own without government intervention, and that pisses me off.
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I will reduce the government by dissolving the senate & house of representatives. With my new powers, I will protect America against terror and make this country great. Trust me. |
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| said by ArchAngel21x:
Too many people think they can't made a difference on their own without government intervention, and that pisses me off.
I think that is some common ground. While we mlght disagree on whether the goverment should be brought in, I too wish people would realize how much power they collectively have. |
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