U.S. internet providers charge high prices for poor quality service. With few networks available, the major companies have monopolized the networks.
Smaller companies don’t have the money to lay down their own networks to start their internet services. Compared to other nations, the Internet providers in the U.S. show a significant difference in price.
The New America Foundation Study shows that Prague offers 120 Mbps download with 10 Mbps upload for $45.62 a month, while San Francisco offers 105 Mbps Download with 20 Mbps upload for $114.95 a month.
We propose that the government should lay down a national fiber optic network so that small companies get the chance to compete against the large ones. This network would bring down expenses for existing companies and also regulate prices.