Comment It's all about competition (Score 4, Insightful) 208
Of course Comcast could make a profit selling you 50Mbps for $50, if you lived in a high population density area. But they won't because they can maximize profits by charging you more. The problem is a lack of competition. There is a lack of competition because Comcast controls the physical cables which take advantage of public right of way (much of which was granted for a different purpose altogether.... power lines). That's why cable companies should be treated as the utilities they are. They should be forced to share right-of-way (even better it they have to share the actual cables) with competitors. Then you would see real competition based on efficiency, quality of service, and PRICE.
It's amazing that the big American corporations like to talk about the virtues of free enterprise and capitalism.... but they don't seem so fond of the most important ingredient in free enterprise, which is competition.