Everyone Complains About the Lack of Competition. Now Someone Wants to Do Something About It.

As the debate about investing in broadband infrastructure continues in Washington this month, it was heartening to see that President Joseph Biden acted to address competition in residential broadband service. Here's a quick look at what he did. On July 9, President Biden signed an Executive Order launching a "whole-of-government" effort to promote competition across the economy. The Executive Order includes 72 initiatives. One aim is to save households money on their broadband bills. While signing the Executive Order, President Biden said: "There are more than 65 million Americans who live in a place with only one high-speed Internet provider.  Research shows, when you have [limited] Internet operation, you pay up to five times more on average than families in places with more choices. That’s what a lack of competition does: it raises the prices you pay."