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What government "power" is required to 'encourage competitors'? If there is business opportunity the market will attract participants all by itself without any
by gwright 9y ago
What government "power" is required to 'encourage competitors'? If there is business opportunity the market will attract participants all by itself without any need for government intervention.
In my experience, government incentives are generally misguided and force mis-allocation of resources. That is to say the government is distorting the market to favor activity that wouldn't otherwise be attractive to a business.
- galvin 9y agoNet neutrality would be a good example.
- theseatoms 9y agoIn what sense? ISPs are government-granted monopolies in the first place. More on the issue: https://www.wired.com/2013/07/we-need-to-stop-focusing-on-just-cable-companies-and-blame-local-government-for-dismal-broadband-competition/ https://www.wired.com/2013/07/we-need-to-stop-focusing-on-ju...