Bandwidth caps are anti competitive. Companies like Netflix, YouTube, iTunes, Amazon, and others compete with the standard Cable Television model. The internet provides people with more entertainment choices, you can watch what you want, how you want, when you want, and you can pay for the content you want and skip the content that you do not want. The old model of television offers consumers very little choice they are beholden to the networks schedules and consumers are forced to pay for channels that they do not want rather than be given the ability to pay only for what they want a la cart.
Bandwidth caps also hurt businesses both big and small. Big companies like Netflix, YouTube, iTunes, Amazon, and others hurt when their potentials customers avoid their products in fear of going over their bandwidth caps. Small businesses like the TWiT podcasting network run by Leo Laporte suffer because they require a very large amount of uploading space. They also suffer when their potential customers do not download their shows out of fear of going over their limits. Leo Laporte has said that he has low subscriber numbers in Australia because Australians have such strict bandwidth caps, this theory is often confirmed when he talks to Australians on his radio show "The Tech Guy".
Bandwidth caps hurt innovation if companies that create internet products know that their audience has slow capped connections, then these companies are not going to create products that push the internet to its fullest potential.
Bandwidth caps hurt everyone businesses both big and small, and consumers like you and me. Internet Service Providers use bandwidth caps because they can get away with it, if there were true competitions these shenanigans would never be pulled on us.
It is time to demand an end to bandwidth caps, demand competition in the internet. Write to your elected representatives and demand change.