Them wanting people to believe that this will lower the cost of internet service is laughable. Have TV ads lowered the cost of cable? We need to think of the internet as a public utility. How absurd would it be if every time you used water in your home, you heard an advertisement playing from a speaker in the faucet.
> Them wanting people to believe that this will lower the cost of internet service is laughable. Have TV ads lowered the cost of cable? It's a very important point; this false argument is often used. In truth, in the marketplace, goods are not priced at 'cost-plus'; i.e., they aren't priced by taking the cost to the vendor and adding a profit margin. Goods are priced at the point that will maximize profit for the ven…
This is only half the argument, though. Yes, companies charge as much as possible, but prices go down when a competitor can offer a comparable good at a lower price. Some markets clearly have features that make competition harder.