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Wireless telecom will never be a free marked as long as the is a limited amount of spectrum auctioned off.
by msh 11y ago
Wireless telecom will never be a free marked as long as the is a limited amount of spectrum auctioned off.
- tajen 11y agoNot the right argument. All resources are limited, and the free market deals better with those other resources. Anyway I'm happy that India resisted this lobby. We should take note for our own system.
- fiatjaf 11y agoDo you think it is better to hamper the market forces even more?
- pbkhrv 11y agoI see it as being more complicated than that. Quoting wikipedia on "Free market" [1], "A free market is a market economy system ... in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority." One can argue that programs like Facebook's "Free Basics" that just got banned [2] are a "price-setting monopoly". And now that the ban is in place, you have more "intervention by a government". That looks to me like India didn't really have "free market" for internet services before this ruling either. [1] https://en.wikipedia.org/wiki/Free_market https://en.wikipedia.org/wiki/Free_market [2] http://www.engadget.com/2016/02/08/india-bans-zero-rating-internet-schemes/ http://www.engadget.com/2016/02/08/india-bans-zero-rating-in...