4 ms·
Deregulation of telecoms. Now we have monopolies with no regulatory requirements to provide service to customers. Read: Verizon refusing to rebuild landline ar
by techrat 6y ago
Deregulation of telecoms.
Now we have monopolies with no regulatory requirements to provide service to customers. Read: Verizon refusing to rebuild landline areas affected by severe storms.
Removal of regulations for ISPs.
Data caps. Throttling. Zero metering. Deep packet inspection. Data injection. Opt out (if you even can) tracking.
Removal of oversight for agriculture and removal of animal welfare regulations.
More contaminated products. More waste being dumped improperly.
Like the argument about minimum wage. Wages aren't going to go up if they remove minimum wage as companies are already paying the least they can get away with.
The "free market" simply cannot be trusted to regulate itself. The argument that this wouldn't happen in a "true free market" doesn't hold water. Nor that less regulations would make it easier for newer companies to compete: We've only seen the actual reality of such a policy. Less regulations make it easier for existing companies to fuck the consumer over.
Regulations are written in blood. There is a reason they existed in the first place.
- prostoalex 6y agoWhose blood was used in writing the regulations for the space program to ensure an exclusive vendor would get the contracts? https://www.extremetech.com/extreme/181469-spacex-sues-us-government-for-secretly-awarding-multi-billion-dollar-military-launch-contract-to-boeing-and-lockheed https://www.extremetech.com/extreme/181469-spacex-sues-us-go...