Hacker News Reader

AFAIK, up until recently there's been no competition, so why lower the price?

Of course they did. 1TB costs the same in Glacier and Google Drive. Now it costs even less on Dropbox.

Here is the difference:

Dropbox: you spend $9.99 no matter whether you use up the 1TB or not.

Glacier: you spend $10.24 only if you use up the 1TB, of course there is extra cost on data transfer-in/out.