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Just like government setup Standard Oil? Government is involved in regulating Comcast, for sure. But as far as I can tell the issues that make telecommunicatio
by mpyne 13y ago
Just like government setup Standard Oil?
Government is involved in regulating Comcast, for sure. But as far as I can tell the issues that make telecommunications hard for new entrants has more to do with the sheer cost of building-out a suitable network than any amount of government regulation.
- brianpgordon 13y agoNo, usually the local government actually grants a literal monopoly to a single telecom for a period of time. Their justification is that the telecom is making a big investment in building infrastructure, and there's no way a company would take that risk without some assurances of profit.