"Universal service subsidies and other state-based support schemes do not help broadband penetration rates in rural areas, according to one of the first studies of empirical results of the effectiveness of such schemes. In a report that will be seized on by critics of government subsidy and competition policies, the AEI-Brookings Joint Centre for Regulatory Studies undertook a study that mapped broadband penetration across the US measured against various federal and state-based policies governing rights-of-way, unbundling, subsidies and direct municipal network provision. The study found that universal service mechanisms and programs targeted at underserved areas do not boost broadband penetration and may even slow it, possibly by giving an artificial advantage to one type of provider or another. Likewise, tax incentives appear to have no impact. It also concluded that laws limiting municipal deployment of broadband are not statistically correlated with broadband penetration; that access to public rights-of-way by broadband providers is strongly correlated with broadband penetration; and that telecom unbundling regulations also affect penetration, but resold lines are positively correlated with it."
The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...