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by drawkbox 2570 days ago
Telcos and ISPs are the bigger threat by far in a fixed local monopoly physical market that is hard to enter.

Telecom/ISPs are afraid of antitrust, being labeled a utility and competition, they work overtime to throw the blame onto Big Tech starting way back with net neutrality and Netflix share of the market. It wasn't Netflix using the data it was the users. Since then ISPs have been funding mud slinging against Big Tech so they can compete with them on ads by removing privacy protections and content so they removed net neutrality against the will of everyone [1].

Maybe 5G will shake up the telcos and ISPs controls they have bribed to put in place using regulatory capture. The attack on Big Tech is partially funded by them just like oil companies pushed anti-nuclear energy along with opposition to green tech. Big Oil funded many of the anti-nuclear campaigns, probably even had some sabotage involved [2].

ISPs aren't even using the market to get ahead with good products like Big Tech, they are using bribes and regulations that keep them in their false monopolies and fixed markets.

ISPs share fixed local monopoly markets by putting one good ISP and a bunch of smaller ones that don't compete like a Game of Thrones.

FCC reports find almost no broadband competition at 100Mbps speeds, even at 25Mbps, 43 percent of the US had zero ISPs or just one [3]. For a modern broadband innovative market this is unacceptable, there are industries of the future that rely on fast network we can't even get going due to the feet dragging and rent-seeking local monopolies of the ISPs/telcos.

The one time innovators, the ISPs/telcos, have become local monopolies directly harming innovation and network growth, they now have data caps, net neutrality add-ons (like Cox Elite Gamer), content options and privacy protections removed to discourage and reward broadband providers for NOT growing but nickel and diming people [1].

I remember in the 90s when broadband, cable, ISPs, telcos were innovative and the leaps from landline to other sources was amazing. They were innovative then, run by engineers and product people. Now they are rent seekers, holding back innovation, run by HBS style MBAs where everything is a resource and every dime extracted with minimal reasons to innovate or expand without rent-seeking controls in place.

Imagine if water, electricity or other utilities were this toll road like, we'd live in less quality of life.

The network is a utility and platform to innovate and build on, not extract the value and slow innovation

[1] https://www.eff.org/deeplinks/2017/04/fcc-announces-plan-aba...

[2] https://www.forbes.com/sites/kensilverstein/2016/07/13/are-f...

[3] https://arstechnica.com/information-technology/2018/02/fcc-r...