| I'm not sure how you can come to that conclusion... Telecommunications investment per capita is higher in the US than all other OECD countries, and by a lot[1]. The gap in telecom investment between the US and the EU is similar[2]. The robust and enduring gap in American telecommunication investment really paid off as COVID began to take over the world. American internet was the most well positioned to withstand the lockdown-induced surge in internet load. Meanwhile, internet speeds in Italy and many other European nations were slowed down to less than half what’s standard in the US, partially due to older infrastructure[3]. In Europe, Netflix actually reduced its traffic there by 25 percent and YouTube promised to limit quality in order to to free up bandwidth for other services. None of this was necessary in the US. The fixed broadband speed in the US is higher than that of Portugal, Poland, Germany, Belgium, South Korea (!!), Austria, and Italy [4]. [1] https://pbs.twimg.com/media/EVHQddtUcAElcjq?format=jpg&name=... [2] https://www.orange.com/fr/content/download/47277/1372866/ver... [3] https://www.vox.com/recode/2020/3/25/21188391/internet-surge... [4] https://www.speedtest.net/global-index#fixed |
The market will not solve access issues, regional monopolies by ISPs, or similar matters without intense regulation. Even then they will use tax subsidies to fight those regulations tooth and nail.
I'm running 100/10 on a dsl type line right now because it's my only other option than Xfinity and it is literally as fast as I can get outside of Xfinity as they own the infrastructure here for anything better. At least I don't have a data cap and can skate by at these speeds, though my upload hurts quite often.