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by fauigerzigerk
5156 days ago
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The price of something being "high" doesn't mean there is a market failure. It may just be an expression of customer preferences. If high roaming fees are used to subsidise cheap local calls and data plans, that may be a problem for EU officials who travel a lot, but it may be exactly what regular folks want. The job of the competition commission is to make sure there is real competition, but what they have done is plain old price fixing. In this case, their actions make low income people subsidise the mobile life-style of high income people. |
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I'm not sure what the free-market theory on that is (it is an interesting topic though) - making a smaller group of customers pay (and have limited alternatives but to pay) to be more competitive in other parts of your market.