You are viewing a single comment's thread from:

RE: Net Neutrality is a Lie — Let the Free Market Reign

in #anarchism7 years ago

It really seems to me that perhaps this would reduce the price instead of increase it for most every day people. Now bit companies will be spilling out money so we can access their sites faster and that cost should not fall on us. We as consumers should get good quality internet for a fraction of what it costs now as we wont be the only ones fronting the bill anymore.

Competition is ALWAYS a good thing - unless of course your that one person at the top.

Sort:  

The cost for ISPs decreases with the repeal of the regulation, meaning there are three possibilities:

  1. ISPs don't adjust prices and make greater profit, meaning more money to invest into new technology
  2. ISPs reduce prices in accordance with the reduced cost to make their service more appealing
  3. ISPs reduce prices while still realising an increased profit to invest

All of these possibilities are a good thing for consumers because they involve the ISPs providing a better service or a cheaper service.

  1. ISPs don't adjust prices and make a greater profit, meaning more money for stock-buy backs and to increase cash holdings.

New technology would only be required if there was actual competition in the market and not regional monopolies and oligopolies.

To maximise profit in the long run an ISP will invest into more efficient technology. Cash holdings are not productive assets. Cash is used to pay bills, wages and debtors.

There is definitely competition at a local level with ISPs. On a national scale, obviously the competition decreases since nationwide infrastructure is very expensive to build and maintain.