this post was submitted on 12 Dec 2023
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330
The Telecom Industry Is Very Mad Because The FCC MIGHT Examine High Broadband Prices (www.techdirt.com)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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The Telecom Industry Is Very Mad Because The FCC MIGHT Examine High Broadband Prices::We've long noted how the FCC (regardless of party) largely ignores how muted competition and monopolization drives up prices for consumers. The agency often talks a good (if ambiguous) game about "bridging the digital divide," but they don't collect and share pricing data proving market failure, nor are they capable of admitting monopolies exist and…

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[–] takeda@lemmy.world 16 points 11 months ago (1 children)

What we truly need is local loop unbundling (remember with landlines, you could switch your phone provider or use different ISPs for DSL, this was possible due to that) to make smaller ISPs enter the market and be able to lease existing last mile and bring back strong antitrust laws to prevent mergers.

[–] Pollo_Jack@lemmy.world 8 points 11 months ago

Nope, nationalize it. Texas has a million energy providers and still hasn't had prices as low as when it was a public utility. The same applies to every other utility such as water or internet.