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Your Internet prices are about to go up

Your Internet prices are about to go up
image courtesy of shutterstock

Experts are saying that broadband costs are "bound to go up." They're talking like it's inevitable, and they may be right. It's all because of changing demand and the complete lack of competition in the marketplace.

When there is no one to compete with a company's sales, it is free to raise prices as much as it wants. There is no one the customer can turn to get a better deal, so they are left with no option but to pay more for the same service.

This lack of competition is what some experts believe will be the driving force behind hefty Internet price increases. And the fact that most people are moving away from big TV bundles could also be responsible for the rise.

Cable companies also provide broadband Internet services to customers at a discounted price.

Next page: Is there anything we can do to stop it?
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