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Economy

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Punx

(476 posts)
Thu Nov 12, 2015, 02:36 PM Nov 2015

Comcast Data Caps [View all]

Being discussed on the Thom Hartmann show today.

These are limits on how much data you can download in a service period, typically a month.

This is what happens when you have monopolies, or near monopolies in a necessary service. And while I would say cable TV isn't really a necessity, many consumers are forgoing the high prices for it and switching to streaming over the internet for the shows they actually want to watch. So what does Comcast do...well create "Artificial Scarcity".

Supposedly we pay twice as much for slower internet service in this country than consumers in Europe. Now add this. Everything in this country is setup to extract $ from us. We are consumers, not citizens.

Favorite quote from the article.

“Anyone with half a brain knows that Comcast has been ripping off America.”


http://thinkprogress.org/economy/2015/11/10/3720570/comcast-data-caps-scandal/

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