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As Big As Net Neutrality? FCC Kills State-Imposed Internet Monopolies
tedlistens writes: On Thursday, before it voted in favor of "net neutrality," the Federal Communications Commission voted 3-2 to override state laws in Tennessee and North Carolina that have barred local governments and public utilities from offering broadband outside the areas where they have traditionally sold electricity. Christopher Mitchell of the Institute for Local Self-Reliance said the move was as important for internet competition as net neutrality: "Preventing big Internet Service Providers from unfairly discriminating against content online is a victory, but allowing communities to be the owners and stewards of their own broadband networks is a watershed moment that will serve as a check against the worst abuses of the cable monopoly for decades to come." The laws, like those in over a dozen other states, are often created under pressure from large private Internet providers like Comcast and Verizon, who consequently control monopolies or duopolies over high-speed internet in these places.
Good on you FCC!
when we all found out who was taking over the FCC, I was terrified. Former cable lobbyist, now in charge of the group intended to regulate the same people. But it really looks like wheeler may be the right man for the job
have you seen my sig? there are many others like it but none that are the same
The irony of your post vs your sig is delicious. Meanwhile, I can't help wondering how long it will take some future Republican administration to unroll this, so the big ISPs can go back to rent-seeking.
One sentence: Now you actually have a chance to have a decent internet service without massively overpaying for it in US.
It's going to be interesting to see how quickly municipal internet in US can actually challenge incumbent monopolies and force them to compete on quality and price.
Not really. I'm from a socialist country, and on of the key aspects to our prosperity and competitiveness is enabling private entities to get to compete for and win profitable infrastructure contracts.
This is because private contractors bring significant amount of expertise and capability that government would have to build from ground up without them, as well as force costs down through competition. Problems only arise when said private contractors become big and powerful enough to corrupt those making decisions behind these projects to favour them in various ways.
It's another one of those "capitalism works really well as long as it is properly managed and doesn't get big enough to corrupt powerful entities" moments.