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Why the U.S. Has Fallen Behind in Internet Speed and Affordability

America’s slow and expensive Internet is more than just an annoyance for people trying to watch "Happy Gilmore" on Netflix. Largely a consequence of monopoly providers, the sluggish service could have long-term economic consequences for American competitiveness.

Downloading a high-definition movie takes about seven seconds in Seoul, Hong Kong, Tokyo, Zurich, Bucharest and Paris, and people pay as little as $30 a month for that connection. In Los Angeles, New York and Washington, downloading the same movie takes 1.4 minutes for people with the fastest Internet available, and they pay $300 a month for the privilege, according to The Cost of Connectivity, a report published Thursday by the New America Foundation’s Open Technology Institute.

Claire Cain Miller

Full Story: http://www.nytimes.com/2014/10/31/upshot/why-the-us-has-fallen-behind-in-internet-speed-and-affordability.html?utm_source=nextdraft&utm_medium=email&_r=1&abt=0002&abg=1

Many thanks to Lance Trebesch for sharing.

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