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https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture It's totally a thing and actually happens a lot. See AT&T.
by jplayer01 8y ago
https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture
It's totally a thing and actually happens a lot. See AT&T.
- ocdtrekkie 8y agoThe main issue you are missing is that Google and Netflix are screaming desperately, and spending billions funding groups decrying that "oh no, our monopolies will be protected if these laws are passed". Myths aside, these companies are not complaining about repealing net neutrality[1], copyright reform, etc. out of the goodness of their hearts and their desires to protect competition or the free internet or whatever other nonsense they're peddling. They're lying about the impact because they want to continue to rake in profits at the expense of everyone else, and they well know the changes in the law that are coming are going to turn off the free faucet. [1]The irony of this one in particular, is that net neutrality assures regulatory capture. ;)