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Internet plans may be more than you need
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February 11th, 2015
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This article is more than 9 years old.
We're all connected to the internet highway and so much of what we do is automated, but are we paying too much for our internet?
According to a study by the Competition and Consumer Authority, if it's been a long time since you checked your internet subscription, you're probably paying too much or it doesn't match your consumption.
”You risk paying too much for your broadband connection because you pay for a connection that is greater than what you need,” Martin Nyvang, the head of the authority, told DR.
A difficult product
The study shows that overall, consumers find buying an internet subscription difficult and confusing – more so than buying products in the banking and insurance sector.
Nyvang explains that when consumers look at all the different offers they are faced with, they are ”afraid” of having misunderstood something.
"They are afraid of having done something wrong because they do not fully understand what it is they are reading," he explained to DR.
A study done by the Ministry of Business and Growth shows that 32 percent of all households have not checked their internet subscription in the past five years. A further 24 percent do not even remember the last time they checked.
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