Blue State Blues: ‘Affordable Broadband’ Law In New York Led AT&T to Drop 5G Home Service Entirely
25th January 2025
Apparently it wasn’t affordable for the company to offer it, so they didn’t. The next step is a law to force companies to provide the service anyway (as with hospitals), so the companies go out of business or go somewhere else, and everybody suffers.
Price controls don’t work If they force the price lower than the market price, supplies dry up.
Examples: Minimum wage laws, insurance premium caps, ‘price-gouging’ laws, ‘windfall’ taxes, etc.