- cross-posted to:
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- cross-posted to:
- [email protected]
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Another monopoly. Celebrate everyone
att still exists, duopoly not monopoly
Give them time, they’ll merge.
Why merge when they can pretend to compete and work together to raise their prices?
Well we have to give off the appearance so the ilk wont come after us.
And the market shrinks again… soon we’ll be back where we started, with one telecom company.
I’ve said it before, and I will say it again: the endgame of a capitalist system are monopolies or cartels.
Usually it takes the following steps:
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Bunch of little start-up - everyone wants a piece of the pie
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Some start-ups can’t hack it and either go under or are absorbed by other start-ups
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Surviving start-ups grow to mid-size of major sized ventures depending on how many competitors or competitor market shares they absorbed
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Repeat step 2 with remainder of companies until a few are left
Presto changeo you got yourself a cartel or monopoly. Consumer power is nil.
Example sectors to look at for this: food production industry, mining, computing/silicon Valley
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Good thing T-Mobile just upped my bill, so they can afford to buy up their competitors!
Can’t wait until it’s only 3 companies that just charge the most they can possibly charge.What the fuck! I am a US Cellular customer and hate T mobile after they fucked me over years ago. This bullshit. Us Cellular great for those who can’t always pay on the due date. They will give you extensions…T mobile does not fuck them.
They just bought Mint Mobile as well. They need to be broken up!
