1. gotblackberry's Avatar
    Verizon Wireless, AT&T lower voice plan prices

    Before these supposed changes even take place AT&T has already responded.
    01-15-10 11:41 PM
  2. lastraid's Avatar
    I think everyone knew this was coming. ATT could not afford not to follow suit, come to think they always follow suit within days if not hours.

    Just another article to review
    Last edited by lastraid; 01-16-10 at 08:59 AM.
    01-16-10 08:01 AM
  3. FF22's Avatar
    Yup. Price-fixing and collusion do require a respectful amount of time between matching plans!!!!
    01-16-10 10:05 AM
  4. jahoobob's Avatar
    Yup. Price-fixing and collusion do require a respectful amount of time between matching plans!!!!
    You are so off the wall. You obviously know nothing about what price fixing involves. What ATT did is akin to the Mom & Pop gas station dropping (or raising) their price in response to the big guy across the street.
    The big question is what will Sprint and TMO do in response. Will they let the two biggies get $30 closer to their comparable plans?
    01-17-10 09:07 PM
  5. Jude526's Avatar
    Verizon was the first to change their policy of extending contract if customer made changes. Sprint then followed suit. Verizon was the first to pro-rate the ETF Sprint followed suit.
    Companies compete Free Enterprise it is going to happen
    01-17-10 11:46 PM
  6. IDsweetcheeks's Avatar
    You are so off the wall. You obviously know nothing about what price fixing involves. What ATT did is akin to the Mom & Pop gas station dropping (or raising) their price in response to the big guy across the street.
    The big question is what will Sprint and TMO do in response. Will they let the two biggies get $30 closer to their comparable plans?
    Didnt Tmo do this a month or two ago? Making their unlimited plan $49.99
    You know? The arm and a leg commecial?
    01-18-10 07:42 AM
  7. mikestorm's Avatar
    You are so off the wall. You obviously know nothing about what price fixing involves. What ATT did is akin to the Mom & Pop gas station dropping (or raising) their price in response to the big guy across the street.
    The big question is what will Sprint and TMO do in response. Will they let the two biggies get $30 closer to their comparable plans?
    I don't think that AT&T and VZW are price fixing in this instance, but your comparison isn't entirely accurate.

    Mom & Pop gas stations are essentially commodities (entities that can only compete on price). If you don't like Mom & Pop's gas, you have dozens of alternatives in a few square miles to choose from. The stations themselves have (a bit of) control on the prices due to location,convenience, and ancillary services that make them more/less desirable, which is why you see upwards of 20 cents difference, even with the same brand of gas only a few miles apart.

    On the other hand, VZW and AT&T are a part of what's called an 'oligopoly', meaning not quite a monopoly, but there are still only a few players (namely four in the US). Only these four entities can set their own prices. As such, industries such as these are the most apt to price fix. It's an unspoken and unwritten agreement to raise or lower (mostly raise) prices in lock step with each other.

    To use an extreme example, if all four carriers doubled all prices at the same time, what can we, as consumers, do? Where else can we go to get our wireless service? The carriers doubled their profit while maintaining a constant level of competition, and we, as consumers, lose.
    01-18-10 10:07 AM
  8. mikestorm's Avatar
    Didnt Tmo do this a month or two ago? Making their unlimited plan $49.99
    You know? The arm and a leg commecial?
    Sprint was first (mid September)

    Sprint Plan Ups Ante in Wireless Market - WSJ.com

    Then came T-MO (late October):

    New rate plans for T-Mobile start today – Android and Me

    Verizon was next (mid January), followed by AT&T (mid January +1 day):
    Verizon, AT&T Escalate Pricing War - WSJ.com

    Basically, AT&T probably had their lower rates in the chamber, ready to be fired, as soon as VZW made a move.
    01-18-10 10:11 AM
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