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Had no idea about India, but I am gearing up to move to the UK soon and was looking into phone plans. Even Europe is way, way cheaper than America. Why is it s
by firstplacelast 7y ago
Had no idea about India, but I am gearing up to move to the UK soon and was looking into phone plans.
Even Europe is way, way cheaper than America. Why is it so expensive here? Anyone know? Is it just that a few companies run the market and can charge what they want? Or are there less nefarious reasons?
- koyote 7y agoCable TV, internet, phone, flights and medicine are all very expensive in the US compared to the rest of the world. The thing they all have in common is high barriers to entry and very few competitors. So basically lack of competition.