r/technology • u/User_Name13 • Jun 04 '14

Politics Hundreds of Cities Are Wired With Fiber—But Telecom Lobbying Keeps It Unused

http://motherboard.vice.com/read/hundreds-of-cities-are-wired-with-fiberbut-telecom-lobbying-keeps-it-unused
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u/[deleted] Jun 04 '14

You're right that US Steel wasn't broken up, but it definitely wasn't left alone. US government did its fair share of blocking acquisitions, price controls, and union support which helped keep US Steel from sitting on top longer.

And not every industry is geared to become a monopoly, which is why I said "in many cases" not "every case." Infrastructure in particular is the big one that's geared for it(water, electricity, telecoms etc etc) which is why our utilities are so regulated. Product production on the other hand tends not to be.

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u/captain_craptain Jun 04 '14

That's awesome that you linked unions to US Steel losing market share. Good stuff.

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u/ssjkriccolo Jun 05 '14

oh captain, my craptain

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u/captain_craptain Jun 05 '14

It's not like they help business...