Isn’t it time to wake up? Ask a respectable economist the definition of a competitive market and you may be surprised to learn that the telecommunications and “broadband” sector don’t fit the bill. In order for the consumer and the pubic to benefit from a competitive market we need to be sure we have one. A duopoly is no better than a monopoly – indeed this is the market that put the USA at the #20 ranking. The #20 spot doesn’t tell enough of the story either. You’ll need to look at relative cost/bit transit. We’re number 20 driving along in a 2-cylinder engine car, while other countries have an F15.
City ownership isn’t “monopoly” – that’s just the distraction of the duopolists. City ownership would be a civic service aimed at the public interest, not at the narrow interest that tries to squeeze the most money out of the copper infrastructure or cripple the Internet and stifle creativity because they can’t adapt.
The first rule of any network from a business perspective – buy or build your own when you can – don’t rent. That’s the mistake cities have been making for years. If it’s good enough for the private sector to own their own networks – let the people benefit from the same economic logic.
This was a reaction to some of the ideas expressed on the Seattle Post Globe.
