Once you hear a lot of rhetoric in the press about how exactly socializing healthcare is a bad thing and the free (expensive) market is what has brought all of this advanced medical technology to us, it surely wouldn’t be advisable to buy that line of thinking. The free market thing only is practical whenever you speak about something that you’ve an option not to buy. If it’s a vital like healthcare, college or even a telephone or Internet connection, you’ve to it no real matter what it costs. Once you bring the free market to something that is a vital, you obtain disaster. Have you tried to check on Internet speed online lately?
Why bring the Internet into this? Well, in many markets in America, you’ve only one Online sites provider; sometimes, there’s two (but they aren’t in competition – they get together to boost prices).
Anyway, the free market doesn’t really work when people aren’t given enough information. Once the dentist tells you that there is speedtest this new material for your filling that’s three times as expensive, are you supposed to trust that it’s three times as good as the old one? Whenever your Online sites provider offers you 8 Mbps, and charges you $60 monthly for it, are you really supposed to pay for three times what you should pay for two 2 Mbps plan? Do you really get four times the speed? Who’s to explain all of this to you – especially if they qualify all speed declarations having an “around” disclaimer? What would it end up like if you visited the food store and bought a jar of ketchup, and on the bottle it said “with regards to the period we package this bottle at the plant, you have access to from anywhere between 8oz. to 12oz. ketchup”? Could you still pay for it?
Well, you do just that with your Internet connection. And the FCC is tired of it. They’ve been studying the kind of speed major Online sites providers around the nation offer you – they’ve done it for whole year. While Verizon and Comcast do give you the download speed the advertise, they found, other majors like Cable vision only offer you between 50% and 80% of the speed they promise you. If that you do not actually try to check on Internet speed online often, you’d never know this.
However, for the absolute most part, you obtain at least 80% of what you’re promised – it isn’t like you’re being robbed blind. You’re only being touched a little bit. And the Online sites providers did so well with ramping up their facilities that the rush hours are no more very slow.
But even though you do get 80% of what you promised, it’s still not fair. A couple of providers do offer you exactly what they promise; why can’t others? If you visited a service station and they charged you 20% extra for the same number of gas for no reason, you wouldn’t take it, would you? Actually, they found something – if you have a DSL service, that’s the one that’s most likely to fall short. Fiber optic is better.
A huge reason why the service providers have the ability to break free with that is that consumers just don’t care enough to appear closely at what they’re getting. Almost nobody, based on the FCC, bothers to check on Internet speed online. They do not even know what kind of plan they’re buying and paying for. However, it’s hard at fault them – anyone who’s hit with megabits and kilobits should have his eyes glaze over.