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Monday, February 25, 2008

Gut The FCC, So We Can Rip Off Consumers More Easily!

Policy analyst Randolph J. May says the Federal Communications Commission should make needed market reforms to communications policy.

I'm not sure giving providers free reign to dictate content and pricing for what travels on their networks is a good idea. Take for instance, the other day, when the 3 major carriers came out (within hours of eachother)and all announced $99 unlimited plans. Where's the competition there? How does this collusion benefit the consumer? This is not the market dictating the cost at all, and probably cries for closer scutiny. If the services offered here in the US (some people are still only offered dial-up internet) are years behind the technology offered in developing nations, why should we be deregulating the industry? If a person in Micronesia is getting broadband at 5 times the speeds offered here, at 3 times a cheaper cost, it doesn't make sense to deregulate the industry until these companies prove they've built the infrastructure to support the users beyond a level of third world countries.These companies have made huge profits and made marginal investments on the backs of consumers for years. They need to pony up before we take off the training wheels!

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