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by Aloha
718 days ago
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I fully believe we lost more than we gained from the breakup of AT&T - local access prices went up significantly, and while long distance rates declined, it did so roughly linearly with the decreasing cost of bandwidth. In the end we pay about as much as we ever have in aggregate - but at a loss of all of the benefits the AT&T monopoly - subsidized general science research from the labs, a plethora of union jobs, and an overall loss of US manufacturing capacity. My belief having working in the sector, anything that looks like a utility is better off as a tightly regulated monopoly than being open to the winds of competition. |
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Interesting. Out of curiosity, may I ask how old you are?