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PineBarrens89 t1_j5viyyj wrote

Those are natural monopolies. You wouldn't want multiple companies digging pipes under your house and being able to supply you with water.

That would make things much more expensive.

That's why things like water/electric are highly regulated.

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DarkWasp14 t1_j5vxy0n wrote

Would you be open to making the internet a utility like a landline? It’s certainly vital and important for everyday life now.

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Kayman42 t1_j5vyfdo wrote

Internet access should absolutely be regulated like the vital utility it is.

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Sporesword t1_j5wd4c1 wrote

ISPs are not natural monopolies they are the result of bullshit backroom deals.

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Ayjayz t1_j5wep71 wrote

Has this ever been observed? Has a free market ever led to a natural monopoly happening? It seems like all of the time, the government says that something is a natural monopoly and then creates an artificial monopoly.

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SIGMA920 t1_j5x4ybs wrote

Yes. See ISPs, any kind of utility like electricity, and anything on a state to state scale. On that scale it's not cheap and it's the main problem with them having competition.

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Ayjayz t1_j5y4ae8 wrote

Has this been observed? Or are you guessing?

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SIGMA920 t1_j5yx2z7 wrote

Yes. The cost of building out networks for an ISP is cost-prohibitive even when you have everything going for you for example. You don't see 5 different pipes being dug by 5 different water companies, .etc .etc.

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Ayjayz t1_j60b56p wrote

Can you give an example, then? Which countries had a natural monopoly before the government intervened?

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SIGMA920 t1_j60dhdk wrote

Countries? What does the country matter when it comes to an industry being a natural monopoly?

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Ayjayz t1_j60dykv wrote

You tell he. You're the one claiming that natural monopolies exist. Which countries or industries have had natural monopolies, and in what regions and industries? What real-world evidence are you basing your belief on?

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