Great journalism has finally uncovered evidence that a lack of competition for Internet access has led to price gouging by AT&T, Verizon, Qwest (dba Century Link?) Comcast (xfinity? Really, Comcast?) and the rest of the oligopolists.
This came from the New York Times? Chicago Tribune? Boston Globe? Fox News?
Please. U.S. Media was neutered a decade ago. The story was published by… the British Broadcasting Corporation. Read it here.
But the report on which the story was based is homegrown, and was produced by the New America Foundation. See the report here. While you still can, before those who control your access to your radio waves and monitor your information requests for profit, and the NSA, prevent you from doing so.
And, apparently, while charging you more than three times for slower Internet than what those in other nations pay for the privilege.
No, I am not joking.
By the way, Verizon reported a third-quarter (that’s three months) profit of $2.2 billion in October. AT&T, the second-largest American carrier after Verizon, reported profit of $3.8 billion in the third quarter, up from $3.6 billion a year ago.
We need to stop the damage these monsters are doing to our America, with the aid of their paid flacks in Washington D.C.
Rep. Greg Walden, have you scurried yet to set up your golden parachute to the telecoms or pharmaceutical industries, or some lobbying firm they hire? Or is it just “understood” wink, wink, nod, nod, that they owe you sooo much?