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The deal will be great for now, while they lure you in and get you to drop the competition -- then they will raise prices later.
Then you cancel and go to another provider, rinse and repeat. This is already what is happening with streaming platforms.
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This used to be called "dumping" or predatory pricing[1] and would be fined in the physical retail space. Too bad our regulators are asleep at the wheel.

[1] https://en.wikipedia.org/wiki/Predatory_pricing