Earlier quoted context omitted.
> _You_ _cannot_ _legislate_ _good_ _behavior_ _into_ _monopolies_ Why not? Yes, breaking up monopolies is good but that doesn't mean we can't regulate industries before the point where things get so bad that there is enough political will to break them up.
I mean, feel free to provide an example where we successfully regulated a monopoly to encourage competition and consumer choice...
A tech antitrust problem no one is talking about: US broadband providers
191–200 of 354 posts
Re: A tech antitrust problem no one is talking about: US broadband providers
#192Earlier quoted context omitted.
There may be a constant flow of new players, but much of the time when they start to show a certain amount of success then one of the big players simply buys them up.
You phrase it as if these are hostile takeovers. Having been a founder, I can state that most of my peers wanted acquisitions. It was a way to finance the vision and growth. Would YouTube, Instagram, or dozens of other companies have been able to get where they are w/o the support of their acquirers? Just think of the burn alone and the required investment is a scary figure.
Yes if they got access to capital, which they could have gotten easily. You forget that Google bought Youtube because google video wasn't gaining traction and youtube had the "network effect". The same goes for instagram and facebook. It's all "whatif" but youtube and instagram most definitely would have been major independent players by themselves.
Facebook, Netflix, Google, Amazon, etc were able to grow without being acquired. Remember that page/brin even tried to sell Google to Yahoo. Google did alright even though they weren't bought out.
Youtube and Instagram had no real peers like google did ( altavista, excite, etc ) and they both were able to create the network effect before they got bought out. I think google and facebook really got lucky snapping up these companies. Not just in financial benefits but look at the cultural impact these companies have on the world.
Re: A tech antitrust problem no one is talking about: US broadband providers
#193I'm a bit of a weirdo but at the current time, my gigabit is provided by a company whose name histortically was associated with a monopolistic company (AT&T) but really was cobbled out of the bones of several large dead telecom companies and is now a monopoly again. It costs $100/month, is delivered by fiber straight to my house from a pole, works as described (in terms of latency and speed tests), and I don't want i…
That's great for you (no sarcasm!) Where I live - in the city of Los Angeles, hardly distant, rural America - AT&T is happy to provide me "broadband" internet at speeds of up to 10mbps for the low, low price of $45 / month (with a 12-month contract!) Ironically, I get faster speeds on my AT&T-powered iPhone.
Re: A tech antitrust problem no one is talking about: US broadband providers
#194Earlier quoted context omitted.
> _You_ _cannot_ _legislate_ _good_ _behavior_ _into_ _monopolies_ Why not? Yes, breaking up monopolies is good but that doesn't mean we can't regulate industries before the point where things get so bad that there is enough political will to break them up.
I mean, feel free to provide an example where we successfully regulated a monopoly to encourage competition and consumer choice...
Re: A tech antitrust problem no one is talking about: US broadband providers
#195It's true. I'll never stop being amazed at how in Helsinki 10 years ago I had a 500/500Mbps connection for $29/mo and in Seattle I have a 200/10Mbps connection for $59/mo. I won't even get to mobile plans since at least there it's somewhat plausible that I must subside the rural cellphone towers since it's a huge (in area) network.
Re: A tech antitrust problem no one is talking about: US broadband providers
#196In some of the newer neighborhood around my place, the telecom providers pay a fee to the neighborhood developer to make them the only sole provider. So in these new neighborhoods there is only one option. I don't know if DOJ can do anything about it or how they can fix it.
https://www.fcc.gov/document/exclusive-service-contracts-pro...
Re: A tech antitrust problem no one is talking about: US broadband providers
#197Seriously, I feel like I say it every time it comes up: WHY aren't people taking action against ISP monopolies? It seems like such a cut-and-dried political issue: they're utilities and they overcharge you whether you're a Republican or Democrat. And taking action doesn't require new antitrust concepts, because it's just your garden-variety utility. It's the same established principles as electric or natural gas. Yet…
Re: A tech antitrust problem no one is talking about: US broadband providers
#198The problem is the proposed solutions really just entrench existing providers, specifically net neutrality policies: They legalize monopolies as long as they're "following the rules!" _You_ _cannot_ _legislate_ _good_ _behavior_ _into_ _monopolies_. So while I appreciate the spirit of Net Neutrality rules, the solution is fundamentally flawed. Let's say you want to open an ISP in your neighborhood. Based on their his…
Re: A tech antitrust problem no one is talking about: US broadband providers
#199Earlier quoted context omitted.
How do you create such conditions if you are not the government? Who does the creating?
Imagine a company whose elected board members believed that the company should abandon its current market, should be scaled back or shouldn't even exist, and they enacted policies and made hires in accordance to those beliefs. That's what's happening in the US government.
Re: A tech antitrust problem no one is talking about: US broadband providers
#200Earlier quoted context omitted.
Currently urban broadband costs are high in part because they’re subsidizing rural areas, right? So if starlink can cover the rurals for less costs can hopefully come down for everyone
Urban broadband does not subsidize rural broadband. Are you talking about the Universal Service Fund?