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RE: Net Neutrality is a Lie — Let the Free Market Reign
The cost for ISPs decreases with the repeal of the regulation, meaning there are three possibilities:
- ISPs don't adjust prices and make greater profit, meaning more money to invest into new technology
- ISPs reduce prices in accordance with the reduced cost to make their service more appealing
- 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.
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.