Supreme Court quashes Big Telecom's attempt to avoid New York State's low-income price regulation

[Endymio]

Except this has not proven true in all cases, and the dolts in power made it "unlawful" for government to own an ISP - probably because they were extensively lobbied by the telecom industry. https://www.techspot.com/news/68941-residents-rural-chattanooga-almost-had-10-gbps-internet.html
But, what the hell? Why put ISP ownership in the hands of an entity that would make it cheaper when we can have it controlled by the whims of private owners?

Oops, you've again been gullibly played by the media. Chattanooga's EPB had the advantage of a "clean slate" fiber-optic install in a small, high-pop density metro area. That's the same business model Google fiber used there (as did Frontier Internet). So how do the services compare?

1 GB Plan
EPB Chattanooga: $68/month
Google Chattanooga: $70/month.
Frontier Chattanooga: $70/month.

Say Hello to the Country's Fastest Residential Internet Plan -- in Chattanooga, Tennessee

The city-owned, fixed-broadband utility company EPB unveils a 25 gigabit-per-second broadband tier.

www.cnet.com

Wow ... two dollars. But wait! You forget that electric co-ops don't pay local, state, or federal taxes. Google's contribution to our tax coffers averages about $6.50 per customer per month, and, since lost tax revenues in one source must be paid by citizens somewhere else, you're actually paying more for that "govmint" Internet than you would Google.

AT&T at $80/month is slightly more expensive. And -- in response to the competition, Verizon's FIOS has begun offering a 1GB plan for $90/month. That's what free-market competition brings you. There isn't a single economist in the world who disagrees this is more efficient, and results in more utility for all -- you included.

Actually, the situation is even more skewed in favor of private corporations. Coops like EPB don't generate profits, meaning they actually consume $68/month of resources to provide that service. Private telecomms average about a 7% profit margin, meaning 7% of every dollar you pay isn't simply burned up, but rather returned to the public. Even if you're just a Starbucks barista, you likely have a 401K ... and thus have the opportunity to regain that 7%.

In short, thank you for proving the point. The free market wins in any and all cases.