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by elmerfud 723 days ago
$120 here in the USA. Which is high for the kind of service it is but if that's your only option then it's within a reasonable range.

It's not unusual for us customers to pay a higher premium for the same service that is sold at a lesser costs around the world. This is for a great many things. This can be due to companies actively using their us customers to subsidize their market share and other places but I don't imagine that's what's at play here. It could be that the government in the Netherlands is offering some sort of subsidy that is allowing the price to be less. Also could be that local competition is necessitating a lower price as well in that area.

2 comments

It’s just what the market will bear, nothing more nothing less.

Often, identical medicine is sold in the US for 5-20x the price that it is sold for in even North-West EU.

If US customers as a whole really couldn’t pay this, the price would drop.

That's not quite true with medicine. If US customers couldn't pay this, as in the insurance companies and or Medicare, then cost might come down but also research and development would effectively halt or other countries would stop getting lower priced drugs. United States pharmaceutical industries subsidize the world healthcare market for drugs.

And you're up there's two things at play the government is subsidizing the cost of drugs but also demanding a lower price. If you're up was the only market or the primary market at the prices they're demanding there would be no more research and development for a great many of the drugs that we have.

US drug prices mostly subsidize US drug advertising. The impact of high drug prices on R&D spending after you take this into account is fairly limited.
Also, a whole bunch of research is done with public dollars from either universities, or grants to private companies. Those are then always commercialized by a for-profit company.
>Which is high for the kind of service it is but if that's your only option then it's within a reasonable range.

Relative to what? It's not marketed at population centers. My 10Mbps DSL was 90/mo, bonded I could get 25M down 1.5 up for $140/mo.

It's high in a sense of typical broadband for the speed and latency. In the specific sense of limited option areas or satellite only areas it is a reasonable price for that level of service.

I live in the country a good 6 miles from any City and that City is maybe 8000 people. My service is $99 a month for 1 gig fiber. The only other options I would have is some satellite-based internet or a cell based internet.