Unlike firms in many other nations, U.S. telephone and cable firms are not required to allow competitor broadband ISPs access to their wires, so there is virtually no meaningful competition in the now crucial broadband ISP industry. Why does the author think this is such a bad thing?
A) Smaller companies then have to try a lot harder and install their own wires.
B) Because deregulation has led to fewer enormous firms with far less regulation.
C) Because without competition, companies have no reason to try hard to deliver a good product.
D) Monopolies lead to corruption, which inevitably leads to harmful effects for society.
Correct Answer:
Verified
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