Reply to post: Free Markets or Price Control?

FCC douses America's net neutrality in gas, tosses over a lit match

JimIRB

Free Markets or Price Control?

The FCC is weak compared to the FTC and is not the correct agency to enforce anti-trust laws. "The antitrust laws prohibit conduct by a single firm that unreasonably restrains competition by creating or maintaining monopoly power. be. " This is the domain of the FTC.

In the short run, high speed access prices may increase, but excess profits lead to competition, lower prices, and better service in the long run. If it does not, these companies can get busted by the FTC, which can break them up (ma Bell - AT&T). The FCC does not have that kind of power. Maybe that is why some of these large companies prefer FCC control?

Analog to Digital television conversion a few years ago freed up broadcast frequencies. Free markets with high speed will lead to a lot of innovation, and I expect wireless high speed will be the future, not coax cable television. Not very long ago the experts said that the poor voice quality of VoIP would keep it from ever being a threat to the telephone companies. LOL My second (free) phone line on my cell is a google phone number.

Truly Free Markets will always beat price controls in the long run. The most recent example is Amazon Alex devices and Google Home. If the FCC told Amazon that is must price it's new "communications device" the Dot at $40 last year instead of $50, Amazon may have cancelled it all together.

But at $50, Google saw it could make a profit for its Google Home, and even cut the price to $29, the voice competition is on.

Amazon cut its price and actually improved the Alexa functionality at the lower price.

Free up high speed streaming and let the competition begin!

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