3 ms·
There are regulations made to prevent monopoly, abuse of market dominance, etc, which are supposed to guarantee a fair market. It bites everyone, every kind of
by mk89 9y ago
There are regulations made to prevent monopoly, abuse of market dominance, etc, which are supposed to guarantee a fair market.
It bites everyone, every kind of group where some competition is involved, even smaller companies, and we all agree on that.
However, when Google is touched, we all feel that we don't live anymore in a free world, that communism has won, etc - at least that's the kind of feeling I perceive every time they have to pay for something.
Why the break up of the Bell System [0]. Afterall it's their business, right?
Why was Microsoft forced (back then) to let people choose which browser to install? Same reason.
I don't know if you have ever read the book "Thinking in systems - D. Meadows", there is an interesting chapter about this which explains why such regulations are important.
[0]: https://en.m.wikipedia.org/wiki/Breakup_of_the_Bell_System https://en.m.wikipedia.org/wiki/Breakup_of_the_Bell_System