News for hackers. Stuff that matters.
Re:Paypal Horror Story 40k Frozen No Answers by pgaddict on Monday March 13, 2017 @05:34PM (#13862647)
Well, people don't realize a lot of the bad stuff actually makes business sense. It's not that the companies are meant to be evil, but once you are a customer, they have little to gain from treating you as well as potential customers.

For example, once you subscribe to a cable TV / cell phone operator / whatever, they'll keep you on that subscription until the contract ends, even if new customers can sign up for half the price. And even then it's a matter of how much you spend with them and if it's worth negotiating a better contract.

This has little to do with the corporations being intentionally 'evil', it's more about insufficient competition or even monopoly (how many cable TV operators / ISPs are in your area?). We have multiple cell phone operators over here, but they have little incentive to compete - the number of people leaving/joining each operator is about the same, and if one operator decreases the prices the others will do the same, eliminating any advantage.

There are no comments on this comment yet.