Here is where it gets interesting. The government, that has never seen a problem that it can't "solve" by making worse, decided to get involved. People became convinced that we needed something called net neutrality, to make sure that some providers didn't charge more for different sites. Propaganda suggesting censorship was hinted at. Government was itching to get at the internet and this was their door.
Meanwhile, Verizon's suit dragged on, but Verizon decided to end unlimited data. Other data providers followed suit. Eventually, they upgraded their networks, Trump became POTUS and drove a well deserved stake through the heart of "Net Neutrality" and, "surprise" Verizon is now offering unlimited data again. Problem solved without the government. But that doesn't stop the bureaucrats from still trying for that power grab.
Excellent analysis.
If a little regulation makes things seem unfair, then double down repeatedly until we reach fairness. Of course, after each cycle of regulation, unfairness increases. So that means we have to try even harder.
We don’t trust the free market. But by providing neutrality for Juan Chivo, google, netflix and comcast we are protecting the status quo relationship, which means we are making it more difficult for innovation and nearly impossible for new competitors to emerge.
What regulation does succeed at is increasing the need for more regulation and more regulators. A very special part of the swamp.