Home > posts > TechNotes: Market Continues to Work Without FCC Meddling
April 27th, 2016 6:45 pm
TechNotes: Market Continues to Work Without FCC Meddling
Posted by Print

Throughout the Obama Era, his Federal Communications Commission (FCC) has destructively imposed regulation after regulation upon a tech and telecommunications market that was not broken.  Indeed, that sector has thrived like no other in the modern American economy.

An announcement today from Comcast provided just the latest evidence of that thriving market.

Specifically, Executive Vice President of Consumer Services Marcien Jenckes announced an Internet data trial that will introduce a terabyte data plan to its offerings.  Beginning June 1, data plans in trial markets will upgrade from 300 gigabytes to one terabyte, regardless of speed.

To place that in perspective, their average customer reportedly uses only 60 gigabytes per month – 940 gigabytes short of a terabyte.  A terabyte allows streaming of 700 hours of high-definition video, 12,000 hours of online gaming and 60,000 high-resolution photo downloads in a month.  Fewer than 1% of its customers even approach a terabyte in monthly usage, and even they will be free under the new plan to receive unlimited data for merely $50 more per month or individual increments of 50 gigabytes for $10.

In other words, the market is working without FCC “solutions” to non-existent problems.  This announcement offers merely the latest proof.

Comments are closed.