The FCC has released the final draft of its proposal to destroy net neutrality. The order removes nearly every net neutrality rule on the books – internet providers will be free to experiment with fast and slow lanes, prioritize their own traffic, and block apps and services. There’s really only one rule left here: that ISPs have to publicly disclose when they’re doing these things.
The US already has absolutely terrible internet compared to most developed nations, and this will only make it worse. What an absolutely and utterly bad proposal – clearly the result of deep-rooted corruption and bribery among US carriers and the US government.
The telcos are using a very old compromise to extract revenues from new ideas and technologies without doing any further investment.
(note: I do work for an Internet company, however this is my personal opinion as a consumer).
Back in the day they spent time and money to physically dig holes and lay cables. At the time, it was a reasonable compromise to grant them de-facto monopoly on these lines. However more than half a century has passed, and I don’t think there is a public interest anymore in keeping that.
The service they provide is abysmal and prices are too high compared to other countries, and instead of using the 97% profit margins on new infrastructure, they just want to make shareholders richer without spending any more money.
[ source https://www.huffingtonpost.com/bruce-kushnick/time-warner-cables-97-… ]
I think there should be either one of these two things:
– They should deregulate, but also allow competition in local ISP markets. (I would prefer this one)
– Keep existing monopolies, but regulate them so that consumers are protected
The current proposal does worst of both, deregulate current incumbents, but do not properly address lack of healthy competition.