this post was submitted on 12 Dec 2023
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The Telecom Industry Is Very Mad Because The FCC MIGHT Examine High Broadband Prices (www.techdirt.com)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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The Telecom Industry Is Very Mad Because The FCC MIGHT Examine High Broadband Prices::We've long noted how the FCC (regardless of party) largely ignores how muted competition and monopolization drives up prices for consumers. The agency often talks a good (if ambiguous) game about "bridging the digital divide," but they don't collect and share pricing data proving market failure, nor are they capable of admitting monopolies exist and…

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[–] Pollo_Jack@lemmy.world 8 points 11 months ago

Nope, nationalize it. Texas has a million energy providers and still hasn't had prices as low as when it was a public utility. The same applies to every other utility such as water or internet.