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You're welcome to your opinion, but they have proven themselves terrible monopolies. They protect their business through regulatory capture, under-invest in inf
by smolder 5y ago
You're welcome to your opinion, but they have proven themselves terrible monopolies. They protect their business through regulatory capture, under-invest in infrastructure, treat end users in non-competitive markets poorly, impose data caps for no good reason. Then there's the fact it costs more for me to get an internet connection without TV than with, so they can inflate their TV subscriber numbers and hide the "cord cutting". Rent-seeking is hardly risk taking. Comcast's 40 billion a year profit, irrespective of what others on the S&P500 are doing, is not well-earned. They easily cost our economy multiples of that by keeping things slow and expensive.