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Broadband Data Improvement Act Clears Committee
MBCook writes "Ars Technica is reporting that the Broadband Data Improvement Act has left committee with a unanimous vote. Among the changes proposed are requiring the definition of 'second generation broadband' (enough to carry HDTV) instead of the current definition of broadband as 200Kbps, and aggregating the data by ZIP+4 instead of just the full ZIP code. The act can now move to the full Senate."
I disagree, this is a case where the market will adjust because of competition with the end result being overall faster connections for everyone for probably the same prices. This bill does nothing to force improvements or upgrades. What it does do is actually put a realistic definition on the word broadband. So you'll no longer get all those adverts in the mail from verizon dsl or comcast cable telling you how you can have high speed broadband for $19/mo when in reality it is a 750/128 connection. Although I'm still a little bit grey on whether this applies to the current broadband or this broadband 2 or whatever the word was.
In the cut throat isp business eventually one of the big players will push the envelope and actually offer a true broadband for a decent price, and everyone else will have to scramble to adjust, starting a price war.
Sure, initially people who want a faster connection will pay a bit more, but this is a case where the market will adjust for it pretty quick. Competition is just too fierce for it not to. And a price war between two 800lb gorillas (cable vs phone) can be nothing but good for consumers.