this post was submitted on 16 Nov 2023
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It is absolutely insane to me the level of monopoly three companies hold. To the point where entering the market is nigh but impossible.
But of course “three different entities battling it out doesn’t make a monopoly” but it does if they happen to work together juuuust enough to keep things in the shitty situation that currently exists for consumers.
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I was in the UK and got a SIM card for travel and when the person working at the store heard I visited from Canada, they said they heard we have the most expensive internet and mobile plans. I couldn't believe how cheap it was there. In fact, the Sim card there didn't charge roaming for almost every country, including the USA... Except it excluded Canada, North Korea and a few others lol.
Problem is, the smaller companies that the big 3 lease their infrastructure to here are often more expensive. There's been multiple cases of Rogers et al. bullying the smaller companies and making their service unstable or decreasing speeds randomly. I'm sure I's the same in the states as our regulatory board the CRTC essentially being a lobbying board lol.
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Isn't that called a Cartel?
Fun fact: the "mono" prefix in monopoly means "one". You can't have three monopolies.
When three work as one, it’s essentially the same thing.