Given severe lack of competition among ISPs in US, I don't buy the bogus argument that current prices are fair. Simple market logic suggests, that they overchar

Given severe lack of competition among ISPs in US, I don't buy the bogus argument that current prices are fair. Simple market logic suggests, that they overcharge, because they can. Therefore they do have more than enough money for their upgrades. And on top of that, most simply prefer to pocket them instead of investing into the network, with "no one needs it" excuse. Something they would never have done with healthy competition.