Comcast CEO Brian Roberts acknowledged this week that you can’t keep raising prices forever… but that doesn’t mean prices can’t go up next month! Ars Technica flags a report from The Hollywood Reporter that reveals Roberts told a Goldman Sachs telecom conference this week that “you can’t keep raising the price [of cable bundles] forever” because “these things have a way of correcting and balancing out before something draconian happens.” However, Ars notes that Comcast is set to unleash a major round of price hikes in several markets across the U.S., including in Oregon and New Mexico.
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