4 ms·
> The more independently operating companies there are operating their own cables, the more room there is for free market to operate. > That being said, I do b
by samcday 8y ago
> The more independently operating companies there are operating their own cables, the more room there is for free market to operate.
> That being said, I do believe the notion of big corporations with pre-existing near monopolies on e.g. search or online retail with yearly revenues exceeding the gross national product of most nations on this planet, is not necessarily good for a free market
To me, those two statements sound contradictory. Do you want a "free market" or don't you? If it's a free market, you have to expect that the organizations with the deepest pockets that stand to gain the most from larger internet pipes are going to be the ones to invest in it.
I'm certainly no expert, but it seems to me that the more ideal situation would be that core infrastructure like the internet is driven primarily by public money. The obvious argument against that is maybe it won't grow as phenomenally fast as it has, but maybe we don't really need to be able to stream those 4K cat videos when, like you said, in doing so we're empowering for-profit organizations to grow larger than the GDP of many nations.
> There have been some demands for some of these companies to be broken up and IMHO that would actually be a good thing.
At least we're in 100% agreement here!
- jillesvangurp 8y agoThey are not necessarily contradicting statements. Google and Amazon have near monopolies on another thing than fiber optic cables. Neither is trying to monopolize fiber optic cables. But of course them using their wealth and power as a near monopoly in their own fields to basically work around another near monopoly from telcos so they can create a cost advantage to re-enfore their own monopolies is kind of not really a free market any more. In the same way coercing city, state and country governments into giving them tax advantages also helps them compete unfairly.