this post was submitted on 31 Aug 2023
585 points (96.4% liked)
Technology
59287 readers
4407 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Both are also in heavily regulated industries with oversight from state utility commissions and the FCC, where simply trying to exit a market requires a whole proceeding before the agency/commission. They could announce that they'd be exiting the industry and selling its assets to a competitor, but that would have to clear antitrust hurdles and would take a while.
I think that means that effectively, they can't just "kill" these services but would have to sell to someone else, and the approval process itself could result in some concessions for the consumer, so that even Satan ISP would have limited power to really screw over the consumer.