AT&T Internet Users Cry Foul Over New Pricing Structure
from the extortion dept
Fresh off their merger with Comcast, it seems that AT&T Broadband is flexing its newly acquired monopoly muscle. We’ve already had a few stories about their move to immediately raise rates. Customers of their cable modem service who do not also subscribe to AT&T’s cable TV service are suddenly discovering that they’re expected to pay a 33% rate hike and they are not happy about it at all. Of course, AT&T/Comcast says it’s a completely reasonable business practice. That’s true, considering that there’s not much in the way of competition around to offer more reasonable rates that would force AT&T/Comcast to be competitive. If this isn’t evidence of monopoly powers being excercised, I’m not sure what is.