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But can we truly say that these for-profit, mostly un-regulated telecom providers whose mandate is to make money for their shareholders, will put that money tow
by AgentK20 10y ago
But can we truly say that these for-profit, mostly un-regulated telecom providers whose mandate is to make money for their shareholders, will put that money towards "wear to the roads" and "upgrading the road system"? How many homes in America don't have access to Broadband internet? IN 2016?
Even more, how do we know that these telecom providers will only charge as much as is needed for the maintenance of the roads, and not just slap on more costs?
We can't even really blame the telecom companies for this, either, as they do have a responsibility to their shareholders to make as much money as possible, but in a monopolized market, as ISPs are in most cities in America, the government has to step in at some point to protect the consumer's interests.
- witty_username 10y ago> But can we truly say that these for-profit, mostly un-regulated telecom providers whose mandate is to make money for their shareholders, will put that money towards "wear to the roads" and "upgrading the road system"? Yes, because of competition or the threat of competition. This works for CPU vendors and toll roads; why shouldn't it work for internet service (which is rather fungible)? > How many homes in America don't have access to Broadband internet? IN 2016? I don't know; what are you trying to tell me? Are you saying it's too little or everyone has broadband internet? > We can't even really blame the telecom companies for this, either, as they do have a responsibility to their shareholders to make as much money as possible, but in a monopolized market, as ISPs are in most cities in America, the government has to step in at some point to protect the consumer's interests. Assuming a monopoly: a) Wouldn't antitrust law work if the ISP tried to prioritize their own pages (like their streaming video services)? b) If people wanted net neutrality the ISP would offer such a plan. But then you might say the ISP will price that too high. But why didn't they price normal non-neutral internet service too high then? The threat of competition forces them to price plans reasonably.