Why Switzerland Has 25 Gbit Internet While the US Lags Behind: A Look at Regulation vs. Free Markets

Summary

This article argues that the common belief that free markets naturally produce the best outcomes is a lie, using the example of internet infrastructure. It contrasts Switzerland's 25 Gbit symmetrical residential internet (the fastest in the world at reasonable prices) with the much slower and more expensive internet in the United States and Germany. The article explores the fundamental differences between these countries, examining the roles of regulation, market structure, and government intervention. It suggests that Switzerland's success stems from a combination of strategic regulation and market conditions, while the U.S. and Germany suffer from monopolistic or oligopolistic telecom markets that stifle competition and innovation. The piece critiques free market ideology and advocates for smarter regulatory approaches to achieve better public outcomes.

Source

Hacker NewsWhy Switzerland Has 25 Gbit Internet While the US Lags Behind: A Look at Regulation vs. Free Marketsstefan.schueller.net