Perhaps this was before your time, but there's a reason that Cap'n Crunch and blue box pirates like Jobs/Wozniak had appeal - the alternative was monopoly pricing.
Perhaps this was before your time, but there's a reason that Cap'n Crunch and blue box pirates like Jobs/Wozniak had appeal - the alternative was monopoly pricing.
>>US Telecom in general is an interesting example because it's one of the few industries that typically do soak consumers, because of what essentially amount to government enforced monopolies.<<
AT&T was only able to retain its monopoly because the government helped it enforce that monopoly by prohibiting competitors from entering the market. See the Kingsbury Commitment.
The only way monopolies succeed is if government force prevents markets from functioning.
Tell me more about functioning markets and how they can only be prevented by government force.
I don't know why people think the historical lack of monopolies (without government backing) is some right-wing nut-job theory. Not even the robber-barons wielded monopolies that allowed them to engage in "predatory pricing" or the other feared ills of monopolies. Go read about Vanderbilt or Getty or Carnegie. In each of their industries, consumers saw prices fall dramatically, even after each consolidated control over major portions of their respective markets. The fear that they would raise prices dramatically after acquiring their near-monopolies never materialized.
Edit:
>>Tell me more about functioning markets and how they can only be prevented by government force<<
Sorry, I misread your snark. I never said functioning markets can only be prevented by government force (whatever that even means). I'm saying that throughout history, you do not get monopolies that harm consumers unless the government backs the monopoly.