Reply to post: Re: Monopoly = Artificial Scarcity

Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup

Terry Barnes

Re: Monopoly = Artificial Scarcity

"Competition works, monopoly doesn't. Let's do this."

Rarely in the last mile though.

Your proposals would take away all the profitable revenue from those providers. No new entrant is going to want to come in and invest a fortune to compete with the incumbent when you've ensured that there's no money to be made. Two providers in a market that used to have one results in half the customers for each mile of cable laid - making the economics even worse. That's why we don't have multiple last mile electricity or gas or water or sewage networks - it would just make the cost of those networks higher, not lower.

I think you're really arguing for a regulated monopoly.

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