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> I don't see what this fuss is all about. If Facebook wants to offer cheaper Internet with their services prioritized, why not? Incumbency advantage and the
by cirgue 9y ago
> I don't see what this fuss is all about. If Facebook wants to offer cheaper Internet with their services prioritized, why not?
Incumbency advantage and the arbitrary consolidation of economic power. The one clear duty of a government in regulating an economy is to ensure competition. We had the same fight about railroads, and we had the same fight about telecom in the thirties. The economic principles have not changed since then, contrary to Telecom talking points.
- trophycase 9y agoIt's role is more to minimize externalities, of which ensuring competition is a part.
- cirgue 9y agoThe how and why are extremely contentious for most externailities. That government has a duty to prevent certain kinds of anti-competitive behavior is one of the few points of general agreement.