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>At least they will do everything possible to maximize profits. Yes, sometimes this involves slower ambulances or slow internet. This is especially the case wh
by LA_Banker 10y ago
>At least they will do everything possible to maximize profits.
Yes, sometimes this involves slower ambulances or slow internet. This is especially the case when there is no/few alternatives. What are you going to do... not have a water supply? Walk to the hospital mid-heart attack?
One need only to look at Comcast/Time Warner Cable data speeds in markets before and after Google Fiber entered the fray.
Sometimes, maximizing profits involves maximizing consumer satisfaction. More often, it does not. And it's a phenomenon that isn't unique to the private or public sphere.