3 ms·

How about helping competition to beat FAANG network effects by deregulating everything? Increasingly, "more regulation" seems to be the go-to solution for any

• djoldman 6y ago
  I think it's incredibly unlikely that any of FAANG will be deemed a public utility with corresponding public utility commissions overseeing them. What would you deregulate to increase competition? What is holding potential competitors back?
• mfenix 6y ago
  I think you're right. Also, some of the market response is already there (although still very small compared to the big players). A good example is the brave browser which could change a lot of things once a lot of people start using it.
• noarchy 6y ago
  There is often a gulf dividing capitalists and free market advocates. Plenty of capitalists are more than willing to embrace regulation if it protects their interests. The likes of Facebook and Twitter may jump at the chance to cement themselves as monopolies via some kind of nationalizing/utility regulation. At this stage, both major parties in the US seem to be moving in this direction. The Democrats are no surprise - what is a major surprise is how quickly the Republicans and people like Clarence Thomas are moving to agree. But getting these two sides to agree on the details of the implementation will be no small feat. So while I think some regulation is almost inevitable, I can't predict what it will look like.