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Tired Of Being Ripped Off By Monopolies, Cleveland Launches Ambitious Plan To Provide Citywide Dirt Cheap Broadband (www.techdirt.com)
submitted 2 years ago by [M, B] to c/technology@lemmy.world
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Tired Of Being Ripped Off By Monopolies, Cleveland Launches Ambitious Plan To Provide Citywide Dirt Cheap Broadband::Cleveland has spent years being dubbed the "worst connected city in the U.S." thanks to expensive, patchy, and slow broadband. Why Cleveland broadband sucks so badly isn't really a mystery: consolidated monopoly/duopoly power has resulted in a broken market where local giants like AT&T and Charter don't have to compete on price, speeds, availability, customer…

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[–] 17 points 2 years ago*

No, those come after they gain a monopoly. Those regulations weren’t there when the “free market” turned them into a monopoly.

There are certain products and services that form a monopoly naturally when they operate in a free (or even relatively free) market. Those are referred to as natural monopolies, ISPs are among them.

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