Monday, April 20, 2009

How Monopolists Behave

From today's New York Times, discussing the recently-pulled Time Warner pricing proposal:

JCom, the largest cable company in Japan, sells service as fast as 160 megabits per second for $60 a month, only $5 a month more than its slower service.

Why so cheap?  JCom faces more competition from other Internet providers than companies in the United States do.

A shame the NYT, like so many others, can't muster the same analytical candor about public "education" as it can about internet service.  Still, a worthwhile article illustrating further the disingenuousness of Time-Warner.

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