Sep 14, 2005 -- Verizon becomes third player in pay TV
Clark loves competition and hates monopolies. Monopolies stifle capitalism and harm our country. Thats why Clark was so excited when satellite TV started in 1994. It was the first competition for monopoly cable companies, and satellite has been growing ever since. The best scenario is when there are three competitors in an industry. It prevents any of the three from slacking off and keeps all of them on their toes. The good news is that Verizon is going to be that third factor. Verizon is operating pay TV services in Texas, and its going to cost one-third of what cable costs, according to Newsday. So, if you were paying $60 a month for cable, youll now pay about $40 for Verizon service. There will probably be some fits and starts with it, but Clark is so happy about a third player coming into the market. Consumers will benefit a great deal from this.
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