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Regulatory capture

Americans pay four times more than the French for Internet and cell phone service

The last time I posted on how Americans are being ripped off on the cost of Internet and cellular service, the U.S. ranked around 11th, as I recall, on Internet speed. Now we’re 29th and still falling. As the article says, this is because of regulatory capture. It’s just one of the ways we all pay for the fact that our Congress has been bought.

If Americans only knew anything about the rest of the world. But they don’t.

One Comment

  1. DanCDaves wrote:

    Here in Arkansas, there’s momentum for added broadband infrastructure, but it gets stonewalled in favor of road construction.

    Friday, September 28, 2012 at 3:59 pm | Permalink

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