Max Headroom predicted all this a long time ago...
Max Headroom predicted all this a long time ago...
Agree less competition means higher pricesWe just keep letting these companies get larger, control more content and control pricing.
get out of my headSoon there will be 4 companies owning everything and you will have sub to all of them to get all the content you want and your back to cable all over again.![]()
Since when? ......Think you got that backwards....Why did Charlie jump into cell service?Agree less competition means higher prices
the more and more these companies get bought up means higher prices since people can't go no where else.. charlies mobile service was a disaster for alot of people. he should have just stuck to boost and innovated elsewhereSince when? ......Think you got that backwards....Why did Charlie jump into cell service?
Max Headroom predicted all this a long time ago...

More competition generally lowers prices, increases quality, and boosts innovation as businesses fight for customers, but less competition (like monopolies) allows firms to charge more and offer less, although sometimes bigger firms can lower costs through efficiency, creating complex market dynamicsthe more and more these companies get bought up means higher prices since people can't go no where else.. charlies mobile service was a disaster for alot of people. he should have just stuck to boost and innovated elsewhere
This has been our exp.. when we had charter we also had 5 fiber providers in our area. we used to call in and cut throat them with the competitions rates and we got big discounts since they did match pricesMore competition generally lowers prices, increases quality, and boosts innovation as businesses fight for customers, but less competition (like monopolies) allows firms to charge more and offer less, although sometimes bigger firms can lower costs through efficiency, creating complex market dynamics
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Why More Competition Lowers Prices
Why Less Competition (Monopolies/Oligopolies) Raises Prices
- Pressure to Compete: When many companies vie for the same customers, they must lower prices, improve quality, or offer better services to win business.
- Market Share: Firms undercut rivals to gain sales, forcing prices down to more competitive levels, often near production cost.
- Innovation & Efficiency: Competition pushes businesses to be more efficient and innovative to reduce costs and offer unique products, benefiting consumers.
- Market Power: A single dominant firm (monopoly) or a few firms (oligopoly) can restrict output and charge higher prices without fear of losing customers to rivals.
- Reduced Incentive: Without competitive pressure, firms may become complacent, leading to higher prices, less innovation, and lower quality (the "quiet life" efect)