-By Scott Cleland
The EU’s latest round of mobile price regulation provides a golden opportunity to show how market competition produces much better results for consumers than government price regulation. Ironically, the European Parliament voted this week to lower mobile roaming charges by mid-2014 to levels that will still be much higher than America’s competitive wireless market prices are today.
Per New York Times reports, the EU mandated price for making a roaming mobile voice call will be reset from 35 cents a minute today to 19 cents a minute by mid-2014, and the price for receiving a roaming mobile voice call will be reset from 11 cents a minute today to 5 cents by mid-2014. Putting this in perspective, Recon Analytics’ research shows that Americans pay 4.9 cents a minute vs. 16.7 cents a minute for Europeans — ~70% less; and because of these dramatically lower American wireless prices, Americans consumers use more than twice as much wireless as Europeans, 875 minutes of use per month vs. 418 minutes for Europeans. Simply, the EU’s ~50% mandated price reductions will still have European consumers paying much more for mobile usage even if one incorrectly were to assume that competition won’t further lower the market price for American consumers like it has every year.
Continue reading “
EU’s Regulated Mobile Prices Higher than US Competitive Mobile Prices”
Up to this point, the far left has won the war for branding on the issue of Net Neutrality. Even many conservatives and Republicans have been fooled by the “freedom of the Internet” lies that the left has spun with NN. But the Attorney General Ken Cuccinelli of The Commonwealth of Virginia means to change all that by launching a lawsuit to
Free market advocates have for years been fighting the anti-capitalist left over government control of the Internet, a battle that has reached a temporary plateau when Obama’s Federal Communications Commission (FCC) arbitrarily decided that it was in full control of the Internet and by fiat implemented the left’s long-sought net neutrality rules. This isn’t the only technology kerfuffle that the federal government is involved in, either.
If you are as worried as I am about the left’s effort to force ever larger amounts of big government onto our lives, then you should be looking into the issue of Net Neutrality. To that end a few times a week I’ll be posting some links and info about Net Neutrality to help you all get your feet wet on this important issue.
