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I love this question. I don't know the answer, but one part of it might be that electricity is a "commodity" that you can effectively buy from anywhere in the
by valleyer 6y ago
I love this question.
I don't know the answer, but one part of it might be that electricity is a "commodity" that you can effectively buy from anywhere in the country, or perhaps anywhere in the world, via the power grid. Whereas for cell service you're effectively buying from one of three companies, I think. So way less competition.
- dongvsascript 6y agoI'm sorry, but you think you can buy electricity from anywhere in the world? in any american city, you have one choice where to buy it from. 3 companies can put up their antennas on a tower. 3 companies cannot dig trenches through chicago to every house to run wires. there are some small exceptions where it was traded on the power grid with deregulation. it caused the enron scandal. do you remember enron? the issue is we have limited frequencies to use for cell phones. any time you have another player, you are wasting that bandwidth by splitting it up more. we should have 1 cell phone provider for each area of the country, and it should be regulated like a utility. that is what will make cost lower, not more competition. there are things that are physically limited, so running it capitalist style is not appropriate because of high barrier to entry. capitalism only works well with low startup costs. i like how most of europe has internet for dirt cheap. it's public land, it's public cables. all an isp does is lease cables and provide service with their equipment connected.