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The standard in most places (US included) is that monopolies (and duopolies etc) are allowed. But they are not allowed to abuse their positions. That leaves us
by LatteLazy 6y ago
The standard in most places (US included) is that monopolies (and duopolies etc) are allowed. But they are not allowed to abuse their positions.
That leaves us with 2 issues I think:
1. If people want competitive markets, that's fine but that's a new policy, and big tech is a bad place to start because it's much more competitive than many many other markets. You can pick 1001 other stores than amazon, but you will be paying with Visa or Mastercard...
2. We need to regulate a lot of new utilities. Are you sure you want the FCC deciding what innovations are allowed in search or social media? Aren't there massive free speech issues there?