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So given that the costs of production haven't been lowered, why would anybody expect the cost to the consumer to decrease? Competition. For many in the US, th

by dfxm12 8y ago

So given that the costs of production haven't been lowered, why would anybody expect the cost to the consumer to decrease? Competition. For many in the US, their cable company had a monopoly on television, so their TV bill was unnaturally high. For a personal anecdote, <streaming video service> + Internet is cheaper than cable + Internet for me. I've seen my cable provider try to win me back with discounts, but the discounts aren't good enough. Is it "cheap" in absolute terms? I don't know where that bar is set. I don't mind what I'm currently paying though.

rhino369 8y ago
Cable never really had a monopoly. There were always at least two satellite providers. And since the early 2000’s, the local telecoms have offered to a large part of the country. Every place I’ve lived in has had 4 options since 2005. They all offered the same channels and mostly competed on price.