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Cable was also freed to charge monopoly prices, and happily raised monthly prices at some eight times the rate of inflation. During a period of historically low inflation, it managed to raise its prices by an impressive 8 percent per year. Bills that were once in the $30–40 range rose over $100, and as much as $200 per month.
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Strange to compare to the rate of inflation rather than the rate of programming expense
The Curse of Bigness: Antitrust in the New Gilded Age
by Tim Wu
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