allow companies to charge for more speed. If the governement mandates a minimum Internet speed, every company will raise their prices to the level of the highest plan (If not higher).
At home, our Internet is about 4 Mbps download. That's enough for us. The Internet is not a utility like water or electricity. I can't purchase faster electricity, nor can I get slower water. The current system works great- when I had Internet installed in my office, I had my choice of three vendors (Not counting satellite services). I chose one. That particular vendor had three plan options- ranging from 20Mbps down to 50Mbps down. I chose the 20, because it was all that I needed. 20 is more than enough. If a 10Mbps plan was offered, I would have chosen it.
I fail to see why minimum thresholds need to be set. Need more than 20Mbps download speed? Purchase the 50Mbps plan. Simple.
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