BaTelCo Cracks Down on Retailers Selling Phone Cards Below Cost

In America, we are all used to seeing phone cards being sold at below face value and is generally an accepted practice in the service providers eyes but it Looks like in the Bahamas the main service provider is not going to allow this practice.

The Bahamas Telecommunications Company (BaTelCo) has just started a big crack down on retailers selling their $20 cards for below cost (sometimes $19 or even $18). The reason, at least their reason, is that they want to provide a level playing field for all distributors and retailers so that all make the margins they should.

Definitely not a free market economy business practice and in the end the consumer just ends up being the only one who loses.

You can read more about this story at http://freeport.nassauguardian.net/national_local/333690256373958.php