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My view on this is that regulations which promote competition are an appropriate delegation of authority from the people to their democratically elected governm

My view on this is that regulations which promote competition are an appropriate delegation of authority from the people to their democratically elected government. I'm pro-free markets, and monopolists can do as much damage to them as the government can. Government intervention can be justified if it makes markets more free. I'm not a Sith -- I don't deal in absolutes :)

antisthenes 9y ago
> I'm pro-free markets, and monopolists can do as much damage to them as the government can. Government intervention can be justified if it makes markets more free. Every libertarians failure is to not recognize that left to their own devices the "free markets" naturally always consolidate into oligopolistic cartels or a monopoly with poorer outcomes for the consumer. The supply and demand sides are not incentive compatible and should thus always be regulated (helps with accounting for the externalities as well)