July 25, 2010
11.3 Million reasons why broadband competion does not exist
While may Europeans and Asians continue to enjoy ever faster broadband at falling prices, most Americans have pretty much the same broadband they’ve had for a decade, and many of us are paying more for it. Why? Even the most populated areas typically have only two providers, and rural areas rarely have more than one. Without any competitive pressure to improve, things will stay same or possibly get worse. How can this happen in the most competitive market in the world? Our laws have established a brodband cartel and continue to support it. The insure things stay that way, the duopoly lobby is taking a small chunk of billions they get from us to buy Congress’ loyal support. Out of all tech companies, the Duopoly’s biggest players are spending the largest. Lobby money is the music that makes Congress dance, and $11.3 million makes sure that lawmakers are dancing in double step to the Duopoly’s tune.
Here’s a breakdown of how much companies spent in the second quarter, rounded to the nearest thousand, according to disclosures filed by midnight Tuesday:
Verizon: $4.4 million
Comcast: $3.82 million
AT&T: $3.08 million
Filed under Duopoly Follies, Legislation / Regulation, federal government by admin


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