Major price gougers are still at it

February 19, 2016

Major price gougers are still at it

Filed under: Bell,CARTOONS,Consumer Protection,JUSTIN TRUDEAU PM,Liberals,Ministers,News and politics,Politicians,PRIME MINISTER,Public Servants — thenonconformer @ 6:39 pm
Tags: abuses, CRTC, Liberal Party of Canada, LOSS OF CREDIBILITY, TARNISHED REPUTATION, Unscrupulous

The mobile phone carriers make money – lots and lots of money and it’s simply too easy for them to get more greedy with the easy money

CRTC rejects plea from small internet providers seeking wireless access. CRTC shuts down appeal on wireless access filed by smaller ISPs Ruling means cellphone bills likely to remain high. The CRTC has been facing the usual complaints about carrier collusion, as well as hearing arguments from smaller Internet service providers about a lack of competition in the wireless industry.

Do you think your cellphone bill is too high? it is about to get much higher. and it’s going to stay that way thanks to a CRTC decision that nixes the possibility of dozens of new wireless carriers springing up, consumer advocates say. Not the first time the CRTC is in bed with the Canada’s big communication industries

Canadians typically pay about $46 US per month for wireless service, or nearly double the $25 average among 22 developed nations, according to a 2015 report from the Bank of America Merrill Lynch.

Canadian wireless carriers are also exceptionally profitable, and ranked near the top of the survey in earnings.

The previous Conservative government fought an at-times vocal war against the big carriers, and attempted to inject new competition into the market through special auctions of wireless spectrum. Up to the useless Lieberals now to do something about continually increasing wireless bills — the Big Three all recently announced price hikes — ” We need relief for consumers and businesses who are being hit hard,” CRTC’s Rejection Of Access To Big Telcos’ Networks ‘A Licence For Price-Gouging,’ OpenMedia Says “In effect, this amounts to a licence for price-gouging, as our telecom giants can continue to block new providers and charge Canadians exorbitant prices,”

CRTC is showing inconsistency in its approaches to wired broadband versus wireless. There is much bigger profit in the wireless sector..