Quote:
Originally Posted by Undertoad
Maybe because people upgraded their speed and routers to get HD Netflix and HBO Go?
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Or as accurately predicted, quashing net neutrality is eliminating free market choices, entrenching the duopoly, and is sticking consumers with constantly increasing prices. In free markets, prices remain same as electronics gets faster. It is what business school graduates never grasp - innovation means a resulting drop of costs. Net neutrality and resulting free market competition is necessary to have/promote/encourage innovation.
Why are so many ending their TV cable contracts? It has become too expensive as rates continue to rise due to no competition (while company expenses decrease). Consumers (and data providers) have no internet choice. Comcast et al is now charging higher at both ends. Both prices and profits increase every year.
Their profits so massive and increasing as to even buy movie studios, NBC TV network, satellite services, mobile phone companies, the tallest skyscrapers, etc. All trophies to increased consumer costs while destruction of net neutrality also means less competition - decreasing free market choices that increase profits.
Consumers, who once had tens of choices that cost less, now have only two choices that cost significantly more. Even data providers are now being charged to contribute to those obscene profit margins.
Extremists in the Republican party have ordered us to believe net neutrality is evil - destroyed free market competition. Many who listen and recite their propaganda machine repeat that lie.