2 ms·
Both ISPs and PG&E are monopolies/duopolies by government mandate. Those markets are incredibly far from the capitalist ideal of a free market. What you're loo
by parineum 3y ago
Both ISPs and PG&E are monopolies/duopolies by government mandate. Those markets are incredibly far from the capitalist ideal of a free market.
What you're looking at is corruption, not capitalism.
- meaydinli 3y agoYou are right, I forgot about that. I guess it is capitalism/greed induced corruption.
- piva00 3y agoWhen the capital investment to compete with large players in the ISP/electricity market is enormous you will, eventually, end up with a monopoly either way. Laying cables for internet/electricity is expensive, I cannot comprehend why the USA hasn't understood this particularity and hasn't attempted to create a publicly-owned national grid and fibre infrastructure where providers can plug into and offer internet connectivity and electricity production over it. You do not want multiple competing companies laying down their own electricity cables, nor internet cables, it's wasteful and just creates a huge barrier for any competition to appear...
- parineum 3y agoOther countries have tackled this issue by regulating that the company that owns the cable and the company that provides the service over the cables are separate entities, frequently with the cable owner being the state.