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We regulate all kinds of things that the free market does not deal with well. I would argue that Google does keep too much of their ad revenue and the governme
by Eridrus 11y ago
We regulate all kinds of things that the free market does not deal with well.
I would argue that Google does keep too much of their ad revenue and the government should tighten tax rules so that they can't just sequester money away overseas without paying any meaningful taxes on it.
- db48x 11y agoOr they need to have more competitors.
- hugh4 11y agoWe don't regulate "things the free market doesn't deal with well", we regulate "things the politicians can get votes and/or fat donations out of regulating.
- eropple 11y agoSo are you arguing that regulations do not exist to address market failures?
- GFK_of_xmaspast 11y agoIt it impossible to consider the possibility that a free market can fail.
- hugh4 11y agoIf you define "market failure" as "failure of the market to be sufficiently biased in favour of politically important constituencies", perhaps.