Re:Appeals court upholds FCC's net neutrality order
by wpietri on Tuesday June 14, 2016 @04:31PM
(#11905087)
> How we got to the point where utility-style regulation is seen as the key to ensuring a free and open internet is a true puzzle.
It's not even vaguely a puzzle. There used to be a vibrant ISP market. Large existing companies destroyed it. The best case for most Americans is oligopoly; for many, there's effectively a monopoly.
Utility-style regulation is not as good as a vibrant market. But it's a lot better than monopolists stifling innovation and extracting monopoly rents.
It's not even vaguely a puzzle. There used to be a vibrant ISP market. Large existing companies destroyed it. The best case for most Americans is oligopoly; for many, there's effectively a monopoly.
Utility-style regulation is not as good as a vibrant market. But it's a lot better than monopolists stifling innovation and extracting monopoly rents.