Forcing an unreasonable price for all broadband providers is an excellent way to prevent any from operating in the area. It seems like people learn this lesson over and over — a market is an efficient way to do demand/price discovery.
The market is flawed - hence the NYS government is trying to fix the issue that ISPs don't provide a minimum service at a low cost.
NYS is attempting to fix the issues with the market. Companies that don't love their rules can just participate in the regular market. Its pretty simple.
Except that falls apart with services like this. "the market" can't create competition. You aren't going to get competing sewer lines, electrical wires etc running down every single street in an area
Companies will (and have done for decades now) carve up neighborhoods and slowly raise prices as far as they can get away with until they get smacked by regulation (if at all)
[This article appears to be submitted by a pcmag shill bot. Look at their submission history.]
The headline and the article are completely at odds. SpaceX doesn't appear to have asked for any kind of exemption according to the article. The law was written already exempting any company with fewer than 20k customers within the state. All SpaceX did was report the number of in-state customers they have.
Ignore the headline, then utter the magic incantation "fuck you pcmag for trying to manipulate me for clicks".
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[ 745 ms ] story [ 1264 ms ] threadThe market is flawed - hence the NYS government is trying to fix the issue that ISPs don't provide a minimum service at a low cost.
NYS is attempting to fix the issues with the market. Companies that don't love their rules can just participate in the regular market. Its pretty simple.
Companies will (and have done for decades now) carve up neighborhoods and slowly raise prices as far as they can get away with until they get smacked by regulation (if at all)
Comcast alone is living proof of this
The headline and the article are completely at odds. SpaceX doesn't appear to have asked for any kind of exemption according to the article. The law was written already exempting any company with fewer than 20k customers within the state. All SpaceX did was report the number of in-state customers they have.
Ignore the headline, then utter the magic incantation "fuck you pcmag for trying to manipulate me for clicks".