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by silotis 2565 days ago
Verizon may have price matched Google, but Verizon fiber service is only available to a small fraction of the country. The cable companies, which have a much larger footprint than Verizon's fiber, have mostly limited price cuts to markets where they face competition from fiber. Comcast for example still charges $150 for gigabit (1000/35 Mbps) in most markets. By contrast markets were a competitor has built out fiber get the price cut in half. If this isn't a tacit admission that they are abusing their lack of competition by price gouging, I don't know what is.