| I understand the motivations behind net neutrality. What I don't understand is why do we not extend this to all kinds of communication monopolies. Some examples: 1. Reddit is the monopoly in online newsboards. As long as it is there, nothing else can prop up and gain traction. However, I cannot exercise my right to free speech on the website without risking getting blocked by a moderator or even admins. Net neutrality should force reddit to carry my opinions and preserve my comments as I typed them. Also, they shouldn't be allowed to display ads. That results in a "fast lane" for people who pay them. 2. Facebook is the monopoly in social networks. As long as facebook exists, nobody can become relevant. Sure there is stuff like instagram and snapchat, but my Facebook profile is my de facto online phone number. Facebook should not be allowed to block my profile, flag my posts. They must carry my posts and content like anybody else's. Again, no ads can be allowed in a neutral net. 3. Youtube is the monopoly in user created video. They should not be able to block my account or pay me less money if their advertisers don't like my content. All content must be treated equally. Everyone should get access. All of these areas are natural monopolies, just like last mile broadband/fiber. At any time, there can only be one "Youtube". It can be replaced by something else, but there will always be one highly dominant video website, which people will inevitably visit to see the latest movie trailer or music video. Why does net neutrality exclude all these? |
You can certainly argue that the userbase/content of reddit/facebook/youtube constitutes a high barrier to entry. However, the userbase/content of facebook/reddit/yt is a feature, and not fundamental to the service itself (you can have a video sharing site with just a few videos). This is why these three are not natural monopolies. In contrast, serving packets is all an ISP can do. It either serves them (at some speed), or it doesn't. I would emphasize the barrier to entry is the real capital costs that are integral to the (sole) function of the service. It's simply not possible for every New Yorker to dig up the sidewalk to lay fiber. That is what constitutes a natural monopoly.
As to the price discrimination point, Facebook/YT/reddit do not, as far as I'm aware, solid control of ad pricing, although I'm sure they would love to. Your ISP, however, exercises significant pricing controls, especially if they are the only game in town.