This is the argument against allowing private ownership of utilities.
Utilities lend themselves to monopoly well.
The economy of scale allows one company to efficiently become the only source of that utility for an region.
Meanwhile, the customers of the utility are subject to the dark side of monopoly. Unjustified rate increases or cutting off service for any reason whatsoever.
It makes no sense.
This setup only works well for Power companies, airlines, water, waste, etc. when there are robust regulation around them.
Could you imagine if the power company could cut you off because of your political leanings? or the water company?
It is no different for monopolies on the internet.
Utilities lend themselves to monopoly well.
The economy of scale allows one company to efficiently become the only source of that utility for an region.
Meanwhile, the customers of the utility are subject to the dark side of monopoly. Unjustified rate increases or cutting off service for any reason whatsoever.
It makes no sense.
This setup only works well for Power companies, airlines, water, waste, etc. when there are robust regulation around them.
Could you imagine if the power company could cut you off because of your political leanings? or the water company?
It is no different for monopolies on the internet.