[uni_rule]

Somehow they have too much regulation to allow competition to build out but also not enough regulation to not be absolute shitheads to their territorially captive customers. The cable cartel specifically has never overbuilt due to the fact that outside of mergers and other unnatural growth they made towns sign exclusivity agreements back when all these systems were was a means of accessing porn and HBO, but once they got broadband faster than DSL they were able to pummel the previous telephone providers into the ground before doing regulatory capture enough to prevent any upstart from possibly building fiber lines or whatever without besting them in hand to hand combat.