The question people should be asking, how come in Eastern European countries internet access is so cheap and fast, yet barely regulated? It's so easy to argue for more regulation when things go wrong: trying to control businesses always sounds like a more noble idea than settings them free. And yet, in every possible example we see that where there's more freedom of enterprise, the customer always wins. And this is especially obvious with ISPs.
And the answer is simple: The local ISPs in the US are granted a monopoly by the local government, given special privileges, and given free money. These 3 issues make it hard for new competitors to enter the market.
