lpress writes "If you lived in Riga, Latvia, you would not have to 'cut the cord' to see video entertainment at a reasonable cost. You would simply get a triple play subscription with 20 Mbps up and 5 Mbps down from service provider Balti-Com for $25.43 USD. Balti-Com had the lowest triple pay price in a New America Foundation report, The Cost of Connectivity, which compares prices charged by 885 ISPs in 22 cities worldwide. The report found that five of the cheapest 15 triple-play offerings were in Paris — the fruit of competition between ISPs. With the Telecommunication Act of 1966, the U.S. Congress hoped to foster similar competition, but failed. As study co-author Benjamin Lennett says, U.S. telephone and cable companies have arranged a 'negotiated truce' in which cable incumbents enjoy a de facto monopoly on high-speed broadband service, while Verizon and AT&T focus primarily on their wireless platforms."
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