Re:The number of cities with municipal broadband has jumped ...
by vel0city on Friday April 30, 2021 @10:37PM
(#27002443)
> A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.
It might not be limited to just one for all markets, but two choices isn't very competitive due to the massive infrastructural costs and other barriers of entry (e.g., rights of way). Also, my current residence is an example where there actually is competition. As pointed out above, just because the FCC says there's 2+ broadband providers they're including two satellite providers. So a lot of those 3 provider places are really single wireline providers.
Once again, is a market where all restaurants are either McDonalds or Burger King an example good competition?
https://en.wikipedia.org/wiki/Natural_monopoly
It might not be limited to just one for all markets, but two choices isn't very competitive due to the massive infrastructural costs and other barriers of entry (e.g., rights of way). Also, my current residence is an example where there actually is competition. As pointed out above, just because the FCC says there's 2+ broadband providers they're including two satellite providers. So a lot of those 3 provider places are really single wireline providers.
Once again, is a market where all restaurants are either McDonalds or Burger King an example good competition?