I hope the Congressman who wants to regulate internet service as a utility gets it done. Canada does it, so it can't be horrible. And it's become such a need to have to participate in society, along with the natural monopolies that have emerged. Especially given Time-Warner's intent to raise rates at a time when their costs are dropping, I think government is the perfect solution to push back against the corporations exploiting their monopoly for insane profits.
Yes, they invested in infrastructure prudently, and should be allowed to profit from that investment. But tripling your prices because you have no competition and when people need to connect to the internet to find jobs and need to check work email all hours of the day? That's monopoly abuse.
I wonder how long it took before water and electricity were regulated as utilities instead of being allowed to be privately run. I have no idea whether regulating internet as a utility is going faster or slower than it did in those historic cases. Either way, it's time.
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