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I would like to see more regulations that apply only to companies over a certain size. I'm a big proponent of capitalism but competition does seem to break dow

I would like to see more regulations that apply only to companies over a certain size. I'm a big proponent of capitalism but competition does seem to break down once companies reach a certain size. Just too easy for the largest players to buy out competitors with life-changing amounts of money, steal customers by offering huge but temporary incentives, or push through regulatory capture. I think an ideal government would rely more on the private sector but would ensure a level playing field and foster healthy competition between companies.

justapassenger 6y ago
Illegal operations should be for sure banned, and scope what’s considered illegal should be expanded. But we shouldn’t simple punish companies for being successful.
- aeternum 6y ago
  Take for example Comcast buying up all the local ISPs, Disney buying up every media company, and FB acquiring Instagram to eliminate potential competition. These were all very successful acquisitions and the right business decision. However I'm not convinced they were in the public interest.
  - justapassenger 6y ago
    Are they making customer experience worse? Sure, Comcast sucks, but when I was dealing with local small isp, I had much much worse experience. Or with fragmentation of streaming, does having more and more content in one streaming service makes my experience worse? Would Instagram be better if they didn’t have power of FB behind them, for things like abuse, spam fighting or infinite deep pockets? It’s very complex topic, just “big=bad” doesn’t capture it.
    - aeternum 6y ago
      I had great experiences with the local small ISP. Faster connection, no need for expensive installers to come try to upsell on a modem. With Instagram and FB, I wonder what FB would have done to compete with Instagram, they would have had to compete on features or privacy, it would be interesting to see what they came up with, same if they had to compete with rather than just purchase Oculus.

justapassenger 6y ago

Illegal operations should be for sure banned, and scope what’s considered illegal should be expanded. But we shouldn’t simple punish companies for being successful.

aeternum 6y ago
Take for example Comcast buying up all the local ISPs, Disney buying up every media company, and FB acquiring Instagram to eliminate potential competition. These were all very successful acquisitions and the right business decision. However I'm not convinced they were in the public interest.
- justapassenger 6y ago
  Are they making customer experience worse? Sure, Comcast sucks, but when I was dealing with local small isp, I had much much worse experience. Or with fragmentation of streaming, does having more and more content in one streaming service makes my experience worse? Would Instagram be better if they didn’t have power of FB behind them, for things like abuse, spam fighting or infinite deep pockets? It’s very complex topic, just “big=bad” doesn’t capture it.
  - aeternum 6y ago
    I had great experiences with the local small ISP. Faster connection, no need for expensive installers to come try to upsell on a modem. With Instagram and FB, I wonder what FB would have done to compete with Instagram, they would have had to compete on features or privacy, it would be interesting to see what they came up with, same if they had to compete with rather than just purchase Oculus.