Tired Of Being Ripped Off By Monopolies, Cleveland Launches Ambitious Plan To Provide Citywide Dirt Cheap Broadband::Cleveland has spent years being dubbed the “worst connected city in the U.S.” thanks to expensive, patchy, and slow broadband. Why Cleveland broadband sucks so badly isn’t really a mystery: consolidated monopoly/duopoly power has resulted in a broken market where local giants like AT&T and Charter don’t have to compete on price, speeds, availability, customer…

    • hperrin@lemmy.world
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      1 year ago

      Sure there is. They are natural monopolies that form in the free market. The free market isn’t a good thing. It’s what gives us things like child labor and corporate owned towns.

        • hperrin@lemmy.world
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          1 year ago

          No, those come after they gain a monopoly. Those regulations weren’t there when the “free market” turned them into a monopoly.

          There are certain products and services that form a monopoly naturally when they operate in a free (or even relatively free) market. Those are referred to as natural monopolies, ISPs are among them.