Quote:
Originally Posted by Bobblehead
And if it was a competitive market with full information, laissez faire may work.
But it isn't - it is an oligopoly with large economies of scale, large barriers to entry and getting information is difficult.
I doubt even Verizon changes things much. They will initially create a price war to build up their client base and prices will drop across the board. But once their client base starts to be sustainable they will raise prices and the others will follow suit.
It takes more than 3 or 4 entrants for it to be a competitive market place that drives down prices.
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It is pretty well known that regulations prevent foreign companies from properly investing in the lucrative Canadian Wireless market.
Change those laws to allow easier investment, and the prices will fall eventually.