Quote:
|
Originally Posted by ColinM
The prices in Hong Kong are insanely cheap.
$16 USD for 10mb up/down? Come on. Free market my ass. We have nowhere near a free market here in the US.
|
While free market competition is a large factor. Realize also that in the Asian countries, heavy governmental involvement played a role in the broadband roleout. In Japan that included debt guarantees, tax breaks and even subsidies in some cases. It was a concerted Governmental policy that ended up overhauling their system and encouraging the free market, not a true free-market in the supply-demand sense that led to cheaper pricing. I don't know the case in Hong Kong.
There was quite a good article in
Foreign Affairs this summer about the difference between Japanese broadband and US broadband.
The price quoted in that article is an average of $22 for 26mbps connections.
No members have liked this post.