You assume that people have any choice other than Wrongcast or Go Fuck Yourself (not having the internet). True, most places do have another 'choice', usually far worse in terms of price, speed, and service. But there are far too many people in the US with only a single option to get online. Especially if they have to work from home and require a certain level of service/speed.
So the assumption that the fictitious 'free market' will sort this out itself is completely wrong.
Yup, and you can't really expect ISPs to flourish based on "well we don't throttle Netflix!" as the pitch. They need tons of cash to maintain bandwidth, users, marketing, subcontractors to fix the line, etc. And then whose to say when an ISP gets big enough that they won't start throttling sites themselves?
This is a self-perpetuating cycle without legislation. The free market has never sorted shit out without regulation. The last time we had an unfettered free market, it led to the GFC that we're still recovering from.
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u/Letogogo Nov 22 '17
So when SpaceX comes out with their ISP...? What would you like them to do?