4 ms·
" It was not economical 20+ years ago for there to be more than one physical cable or telephone provider in an area. " It was(is) more than that. Those compani
by throwawayboise 5y ago
" It was not economical 20+ years ago for there to be more than one physical cable or telephone provider in an area. "
It was(is) more than that. Those companies were granted a franchise/local monopoly on providing the service. By law, nobody could compete with them, whether it was economically possible or not.
- dominotw 5y ago> By law, nobody could compete with them, whether it was economically possible or not. Why not just fix that law now though. OP is stating that it is a profitable business. If they fix that law wouldn't there be new entrants, fixing original problem.