said by elray:
Cable is not a monopoly.
Correct. Cable vs. Telco - when you're talking about one cable provider and Verizon - is a particular type of oligopoly called a duopoly. Take your pick of either of these terms; either way a simple search on them will indicate a market condition that's far from the competitive free market landscape envisioned by Adam Smith.
For things to become truly competitive, all cable companies need to be able to compete in all areas for each person's business using existing network connections to each home. Consumers need to have a choice between several - at least 4 or 5, and ideally more - options offering a relatively similar product.
A market in which an ISP solely determines service offerings, policies (such as caps), and pricing tiers can hardly be called competitive.--
The only difference between Bush and Obama is the group they're wasting our taxpayer money on. It's time to elect responsible legislators.