If the U.S. is not careful, full deregulation will leave it with telecom corporations that can charge as much as they like for inferior broadband Internet service. The amount to which the U.S. lags behind the developed world is incredible. Article source:

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Spot determines internet

A third of Americans cannot afford to buy broadband Internet as the cost is so outrageous. Wired explained that 19 million people are in a bad geographic location for getting internet, and the cost of extending to those areas is too high for internet providers to allow regular access.

Not so fast in the US

Availability and cost are significant problems, but when a consumer pays $30 to $60 per month for high-speed Internet, they should be getting service that's worth the expenditure. Yet Wired notes that United States broadband speeds, particularly for uploads to the cloud, is relatively slow. As cable companies like Verizon, AT&T and Comcast face no real competition, there is no incentive for them to lower costs or provide better service. Some businesses claim wireless is the future, but at currently available bandwidth, Wi-Fi is nowhere near wired capability. Not only that, but a national fiber-optic network is still a pipe-dream.

Making internet affordable

Even though internet in all homes would end up leading to better education, health and security, it is a hard thing to make take place. Congress asked the FCC to make it so internet was available in all homes at a “reasonable” price, but it is hard to get there. Reliable access is hard to find anyway, and $30 a month is not enough to get it the majority of the time. The Federal Communications Commission gives subsidies to carriers to be able to get more rural coverage, but the providers do not want more regulation than necessary and turn them down. The government is attempting to get the infrastructure in place, but the United States just is not getting there, according to Wired.

Verizon, AT&T and Comcast are with other large providers who all believe that the FCC’s Open Internet Rules do not apply. They suggest that the First Amendment rights guard their transmission of data. This is essentially just a way for the businesses to get rid of any competition and make sure they stay on the top of the list. There may be no competition and fair pricing the way the companies are working. More or less, millions of people will continue to go without internet, and there will not even be a fight about this.

Sources

FCC.gov
Newser
Wired