(credit: Alyson Hurt)
It pains me to say this: I chose Comcast over a local ISP because the company lowered my rate and doubled my speed.
I now pay $54 per month—down from $67 per month—for an Internet-only rate of 100Mbps. It's proof that when there's competition, lower prices can happen. Or put another way, it's how the market-dominant player can squeeze out the little guy.
Let me explain. I've been a Comcast customer for about 3.5 years now, but I was open to switching if an alternative came along. A few weeks ago, some of my Oakland, California neighbors posted on our local e-mail list that Sonic was now available locally. I was thrilled!
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