The FCC chairman thinks your internet is too slow and too expensive

The FCC chairman thinks your internet is too slow and too expensive
(Image credit: Alex Wong/Getty Images)

On Thursday, Federal Communications Commission Chairman Tom Wheeler said what maybe should be obvious to every American with an internet connection: Broadband internet in the U.S. is too slow and hampered by a lack of competition. More than half of U.S. consumers have only one choice for high-speed internet (more than 25 Mbps), he said at tech incubator 1776, so "there is simply no competitive choice for most Americans."

Wheeler's acknowledgment about a lack of competition may seem mundane, but it's "a fairly radical statement at the FCC," says Amy Schatz at Re/Code. And unlike most Americans, Wheeler can do something about it. He didn't propose any competition-boosting ideas on Thursday, but there is one thing he can do in the short term to at least not decrease competition: Block Comcast's purchase of No. 2 rival Time Warner Cable. The FCC is also considering whether to try to enforce popular net neutrality rules or open up special channels for paying internet services.

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