"An era can be said to end when its basic illusions are exhausted." - Arthur Miller

Monday, November 05, 2007

Big Teleco To Rule It All

The 3rd US Court of Appeals upheld the FCC's deregulating of the Internet in regards to rules that revoke a requirement for the telephone companies to provide "nondiscriminatory" access to wire lines to consumers to competing Internet Service Providers. This means that the big teleco companies can tell the smaller companies to go to hell legally with massive bills for access.

As has been the case for the last 20 years, the call for "deregulation" has only led to the merging or elimination of competition so that only 3-4 companies are the sole providers. These providers often working together so the illusion of competition is maintained even though there really isn't. In the end, as it has always been, the consumers will pay the price as the teleco can dictate prices and you will have no choice but to accept it.

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