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Free Market Does It Again
(lemmygrad.ml)
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this post was submitted on 18 Aug 2023
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GenZedong
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Funniest thing is that we can compare it somewhat to internet providers, and of course it works like predicted, local providers each had their own nets, the access was shitty, expensive and had barely any coverage, then the big companies like phone and tv providers came in and locals bankrupted instantly except the rare cases of those that got public support (from the local administration) and access to public infrastructure.
It's probably better to just let the 'market decide' and by that I mean use public infrastructure and tax money to prop up private enterprise and then give them monopoly power to determine monthly rates for broadband while insuring no competition by subsidy and zero antitrust enforcement
I mean, it's awesome right? Best. internet. Evar
it's important not to forget that the infrastructure was initially public but then just handed over to the telecoms. we could have just had public internet the entire time.