FCC is trying to end net neutrality. This is what it can look like.

[DonFerrari]

SvennoJ said:

DonFerrari said:

Governments shouldn't NEVER dictate the prices on the market. Reducing the price by law will only lead to breaks and other undesirable effects (they have done this several times in Brazil, to try and control the prices, every single time the result was worse).

One of the direct effects is that companies that can't achieve the dictated price won't even try to enter the market (so protect the companies already there) another one is that areas were the cost to implement isn't worth the dictate max price they won't even put infrastructure over there.

Electricity in most countries still are a big monopoly where you don't have any choice from who to buy from and the prices aren't very much friendly.

Again not so simple in this case. New companies need to buy up bandwidth in bulk from the few large companies that own the networks. This is not to protect the companies already there, this was to stop them from over charging to prevent competition.

It's working to keep medication costs low here. Government isn't all bad. It's needed to crack down on monopolies and cartel forming.

In an ideal world the government would own the infrastructure and lease it to any company with equal pricing while maintaining the infrastructure. Just as roads are public domain, country wide glass fiber network should be as well. The power grid is still being privatized though, with the government imposing caps on how much companies can charge, somehow hoping that will lead to innovation and improving the ageing power grid. Yet if they raise taxes to improve the power grid they might not be elected next term. Complicated issue.

Sven, no disrespect, but Mises proved some decades ago that the only monopoly/cartel that formed and sustained without the help of the government intervention was the diamond mining.