Telecom Industry Is Mad Because the FCC Might Examine High Broadband Prices

The FCC has a history of ignoring the impact of limited competition and monopolization on consumer prices. While they claim to be working towards closing the digital divide, they do not collect data to prove market failure or acknowledge the existence of harmful monopolies. Recently, the FCC issued a Notice of Inquiry to consider analyzing the cost of broadband in their determinations. Telecom lobbyists have objected to this inquiry, suggesting that rate regulation may be on the table. However, it is clear that the FCC lacks the political will to regulate prices. The focus should be on increasing competition and transparency in the broadband market.

https://www.techdirt.com/2023/12/12/the-telecom-industry-is-very-mad-because-the-fcc-might-examine-high-broadband-prices/

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