918
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 24 Oct 2023
918 points (99.0% liked)
Technology
58144 readers
4415 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Oh no, they will lose out on all that efficiency from the free market
If only they had Comcast, they could experience the joy of 10G internets.
By 10G I assume you mean a monthly data cap of 10GB?
No it's 10G, so much higher than 5G. The only thing better would be 11G.
There's nothing free market about how cable companies operate.
Sure there is. They are natural monopolies that form in the free market. The free market isn’t a good thing. It’s what gives us things like child labor and corporate owned towns.
Lol, so all the regulation protecting them is "natural"?
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.