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follow Patrick 2019 Jan 7, 9:23pm
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We find the monthly prices in the U.S. are almost three times of those in Germany and more than twice the monthly prices in Denmark,” Faccio said. “In Italy, where I am from, the prices are even lower. The difference in prices is part of what motivated our study.”In 2015, the average cost in the U.S. of a mobile phone plan was $67 a month, compared with $23 in Germany and $31 in Denmark, according to the Finnish study, which found that Americans pay $65 billion and $44 billion a year more than consumers in Germany and Denmark, respectively, for similar cellphone services.
“The difference in prices we observe across countries depends on the extent to which regulations protect existing operators,” says Mara Faccio, a Purdue finance professor who wrote the 2017 working paper. “In countries where political connections are more prevalent, regulations protect incumbents and are associated with much higher prices.”Price levels in the U.S. could get even worse if Sprint and T-Mobile, two of the country’s four giant mobile carriers, end up merging, according to Rewheel. That consolidation without another carrier entering the fray “will lessen the already weak competition” in the U.S., the report says.Lack of competition in the U.S. isn’t a new problem, according to experts.“The United States lacks meaningful competition in its cellular market sector, which leads to higher cell plan prices than a growing list of other countries,” Sascha Meinrath, founder of the Open Technology Institute, explained in 2014, according to The New York Times.
he cost of cellular should be lower in more densely populated areas such as Europe compared to the less densely populated continent of North America.
PeopleUnited sayshe cost of cellular should be lower in more densely populated areas such as Europe compared to the less densely populated continent of North America.America has always subsidized the rest of the world in Technology and Medicine. We pay out the ass for health care and technology so other countries and poor countries can get it dirt cheap. When i was in Malaysia I got a chicklett phone for $20 it came with enough minutes I talked to my wife everyday for a week. In Peru I got a desk phone with a sim card for $70 with enough minutes for an hour meeting everyday for 2 weeks.
people will stop using cellphones, stop radiating their brains, stop turning into tuned out zombies everytime their device interrupts them, and stop living in the FB/Instagram matrix.
It means even less competition in cellular, and even higher prices for you, the consumer.
Or more likely they will go deeper in debt
From a logistics and economics standpoint, the cost of cellular should be lower in more densely populated areas such as Europe compared to the less densely populated continent of North America.