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Why didn’t they compete with each other to bring costs down? You mean they had a cartel for decades, kept prices artificially high, didn’t compete and the gove
by EGreg 5y ago
Why didn’t they compete with each other to bring costs down?
You mean they had a cartel for decades, kept prices artificially high, didn’t compete and the government did nothing?
Yeah sounds like the cablecompanies…
- pfranz 5y ago> Why didn’t they compete with each other to bring costs down? I remember that happening in the 90s due to deregulation and breakup of at&t. 10-10-321 had a lot of commercials in the 90s[1]. I'm sure they're on YouTube. Most people I knew would go to a convenience store to buy a pre-paid card for long distance. 1-800-collect was a similar service that had a bunch of ads for calling collect. It kind of makes calling confusing (and required going to a store and buying something upfront), but I remember younger people (who probably weren't paying for the landline at home) never really considered using their home phone's long distance service. I think most landline services kept their high prices because the few that used it were too lazy or didn't know better. I wouldn't be surprised if it's still expensive (I haven't had a landline in over a decade). [1] https://en.wikipedia.org/wiki/10-10-321#History https://en.wikipedia.org/wiki/10-10-321#History