Historical Price Trends for Tech Products

Matt Rosoff, writing for Business Insider:

The U.S. Bureau of Labor Statistics tracks prices for broad categories of goods over time. As this chart of prices for the last 18 years shows, prices have dropped dramatically in almost every tech sector. The drop in computer hardware is particularly steep.

The one exception? Cable, satellite TV, and radio service.

This is exactly the sort of thing the Justice Department should be investigating if they are actually concerned about lack of competition affecting consumers.

Wednesday, 14 October 2015