2 ms·
Canada struggles with regulation. Not too much or too little, but rather poorly executed and manipulated for political reasons. Builders get big providers to
by abandonliberty 6y ago
Canada struggles with regulation. Not too much or too little, but rather poorly executed and manipulated for political reasons.
Builders get big providers to pay for communications wiring, in some cases including that of their competitors, for the privilege of exclusive advertising rights. Those same big providers need to provide (some level of) service to all the people in their geography.
Between influences like these and regulation, the big providers have to shoulder significant costs which they pass on to their consumers. The upstarts don't have these costs and can offer much better pricing.
The regulators and politicians can then step in and gain voter favor by going after these big, "bad" providers by enabling new entrants into the market with must better cost structures (e.g. regional service only) or even just outright subsidizing them, ultimately seeming to go after a problem that they actually created.
Whether this public/private capitalist mess is more cost effective than a public entity is unclear, but it does succeed in shifting accountability away from the government.
In the end the citizens pay for it all, just inequitably. Perhaps it is a capitalist victory that a price sensitive consumer can invest the time to find a better deal and opt out of subsidizing rural communities.