Why Your Phone Service Is So Expensive [telecom]

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By David Leonhardt

Many Americans pay close to $100 a month for smartphone service. And
this pricetag isn't some natural reflection of the service's value. In
many other countries, smartphone plans cost much less.

The economists Luigi Zingales of the University of Chicago and Mara
Faccio of Purdue estimate that Americans pay $50 billion per year more
than they would if they instead were paying European prices - for the
same quality service. That translates into about an additional $30 per
month for every American household.


Bill Horne
(Remove QRM from my email address to write to me directly)

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