With all the recent talk of net neutrality, it’s easy to lose sight of the fundamental problem with broadband in America: the skewed ISP marketplace. At the heart of the issue is the FCC’s antiquated regulatory approach that discourages infrastructure investment and distorts market functions.
America’s two largest phone companies, AT&T and Verizon, recently filed forbearance petitions asking the FCC for relief from various regulations. Verizon is asking for the freedom to set prices on wholesale connections to competitive local carriers, and AT&T has…
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