Comcast, the nation's largest cable company, has announced that it will impose a monthly cap of 250 GB on its customers' Internet usage.

This has been mentioned a lot but the real deal here is that Comcast is holding this cap in place as an extortion to the FCC and the incoming administration. They'll want tax incentives, increases to their monopoly standing, less regulatory oversight, and higher prices in an effort to increase profits without actually providing agreed upon service or upgrades to service. This is the game that the telecom industry has been playing for 50+ years, to the detriment of US economic development, education, health care, and productivity.

Essentially, it's monopoly business that controls a key element of core infrastructure holding the American people hostage. "Increase my profits and I'll give you more bandwidth." This is NOT the "market" deciding.

Comcast Caps Highlight Lack of Broadband Competition