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A comment on The Colonial Pipeline Was Fine, Shutdown to Make Sure Its Owner Would Get Paid. Parent comment

Re:The Colonial Pipeline Was Fine, Shutdown to Make Sure Its... by silviot on Tuesday May 18, 2021 @05:39AM (#27192749)
Competition is not only ineffective in monopolistic markets. Also oligopolic markets are very inefficient. In Italy's example the price you now pay for your mobile plan (7 €/month for 50 GB) was made possible by Iliad, a new ISP that broke the Italian oligopoly and forced all competitors to bring prices down (or better data caps up) ten fold in the span of a few months.
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Re:The Colonial Pipeline Was Fine, Shutdown to Make Sure Its... by alanfranz on Tuesday May 18, 2021 @08:05AM (#27193568)
No, not tenfold. Iliad entered a competitive market, but my pre-iliad price was around 10 eur/month, albeit with smaller data allowance.

Iliad helped lowering prices by offering a lower end service.

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