4 ms·
Ideally, there is some competition between multiple providers to drive innovation and efficiency, and that's what regulators are trying to achieve. So you get t
by taffer 5y ago
Ideally, there is some competition between multiple providers to drive innovation and efficiency, and that's what regulators are trying to achieve. So you get the best of both worlds.
- actually_a_dog 5y agoYou did notice the bit about ISPs being a natural monopoly, though? What material difference is there between a privately owned, but well regulated monopoly, and a government owned enterprise, except the lack of profit motive on the part of the latter?
- taffer 5y agoThe goal of regulation here is to create competition between multiple providers. Remember that only the last mile to your home is a natural monopoly which can be awarded through public tenders. Everything else, such as the backbone and actual sales to the end customer, is not a natural monopoly, and monopolizing these areas would actually be detrimental to the customer.