Question

1. F.C.C. Helps AT&T and Verizon Charge More by Ending Broadband Price Caps The U.S. Federal Communications Commission has eliminated price caps on broadband service in a county if 50 percent of potential customers live within a half mile of a location served by a competitive provider or if 75 percent of a county’s census blocks have a cable provider. Effectively, the FCC says a local market is competitive even when there is only one broadband provider. Source: Wired, April 20, 2017 a) What barriers to entry exist in the broadband Internet service market?  

Answer 1

It can be mentioned that there are certain barriers of entry where in this regard they include

1) high competition among the limited number of providers

2) the restrictions by the government

3) entry course might be high

4) loyalty of customers towards a particular service provider