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Yeah I don't think so. Providing a profit opportunity to investors provides no additional services, cost benefit, or any other tangible public good. How anyone
by forgetfreeman 3y ago
Yeah I don't think so. Providing a profit opportunity to investors provides no additional services, cost benefit, or any other tangible public good. How anyone can even mention competition with a straight face in an era of mass mergers and capital hyper-concentration not seen since the Guilded Age without blushing is one of life's enduring mysteries. At least for a period of time the fastest residential broadband rates in the US were offered by a rural co-op in North Carolina that started as a bond initiative floated by local government because none of the major ISPs wanted to "compete" for rural customers. They didn't mind flinging lawsuits and bribing state legislators into forcing the town to divest, however. Is that what you meant by competition?