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Even in principle the ISP market shouldn't be deregulated -- even (unrealistically) assuming rational buyers, due to economies of scale en.wikipedia.org/wiki/Economies_of_scale the ISP industry is not and will never be even remotely close to satisfying the assumptions of perfect competition en.wikipedia.org/wiki/Perfect_competition and therefore can not achieve a Pareto optimum without external intervention, i.e. regulation. en.wikipedia.org/wiki/Pareto_efficiency Saying simply that "people are stupid" encourages people to remain ignorant of basic economics.
– Chill2Macht
Commented Jul 12, 2017 at 9:44
I didn't read through you entire answer, but one point that I see missing in your "Ideal market vs. real market" section is the fact that we can't vote with our wallet. You either pay the ISP that will shaft you or you don't get internet. There is no competition to facilitate offering better service up to being limited by cost.
– zero298
Commented Jul 12, 2017 at 14:30
"We're not able to research-and-analyze all of our options at length". Whose definition of 'rational consumer' includes this point? This is a straw man.
– user212646
Commented Dec 8, 2018 at 19:19
"Seriously, you'd have to get a Ph.D. in your local ISP's practices" A gross exaggeration based on another straw man. Numerous highly technical decisions by rational consumers are made all the time, and the economy is not suffering for it. In fact, we can argue the opposite, that piles of consumers constantly criticizing technical products make those products better and easier to use. A situation of "municipal internet" or similar leaves the provider with one critic of import, the government official.
– user212646
Commented Dec 8, 2018 at 19:23

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