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Why would a company choose to charge less to wealthy people, and more to poor people?
by oh_sigh 3y ago
Why would a company choose to charge less to wealthy people, and more to poor people?
- alistairSH 3y agoBecause they can. Wealthy customers are more likely* to balk at a price and demand breaking the ISP monopoly in their area. * They have the time and means to hire lawyers
- gottorf 3y agoWhat wealthy customer is going to sue the local ISP over pricing? It's far more likely that garden-variety economic factors are the cause. Imagine: poorer neighborhoods are less profitable (if nothing else, because more people sign up for the lower-priced plans), which means competitors don't want to get in, which means the incumbent has no incentive to lower prices that they might elsewhere.
- mulmen 3y agoThe plans are the same price. Speeds are slower in poor neighborhoods.
- mulmen 3y agoYou’d have to ask AT&T. The markup says AT&T is offering slower service for the same price. So if I had to guess they are moving older equipment to neighborhoods with people less likely to have the time or energy to complain. https://themarkup.org/still-loading/2022/10/19/dollars-to-megabits-you-may-be-paying-400-times-as-much-as-your-neighbor-for-internet-service https://themarkup.org/still-loading/2022/10/19/dollars-to-me...
- inemesitaffia 3y agoIsn't this DSL vs fiber?
- deleted 3y ago[deleted]