Have you noticed that the prices of monthly phone plans of well-established companies like Rogers, Fido, Telus, etc. have risen drastically over the years? Fido’s cheapest monthly plan at  $35 with no data and limited minutes is competing against Moblicity’s $35 unlimited plan. Isn’t that crazy? How are the companies competing with such a big difference in their prices and offers?

After some research, I found out that Moblicity is in its falling stage toward bankruptcy. Telus has attempted three times to purchase the unstable company but the deal was turned down by our Government who claims to be supporting competition for the wireless industry. Then another question struck me: is the social responsibility of business to make profit? If Moblicity fell under Telus then the decrease in competition would give Telus, who is part of the Big Three, dominance to control the prices in the market. Over the years, Moblicity has provided many jobs to the industry, as well as benefited many Canadian customers with cheaper phone plans. However, if the Government is unable to stop the Telus and Mobility deal, are we moving toward the nightmare of monopoly?