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I'd like to learn more about this. Do regulations force ISPs to make people pays more when there are no competitors around? Do regulations set the the price? A
by jraph 5y ago
I'd like to learn more about this.
Do regulations force ISPs to make people pays more when there are no competitors around? Do regulations set the the price? Aren't duopolies a possible consequence of a free market?
- aranchelk 5y agoThe regulations literally stopped any competitors from even being allowed in the same area. If you’re genuinely curious about how that screws up industries (not just short term pricing) I’d recommend Luigi Zingales‘s A Capitalism for the People, it has a very thorough analysis of crony capitalism.
- jraph 5y agoYes, I meant it, thanks for the reference! My first message was needlessly provocative
- fchu 5y agoFree market includes when competition can reasonably enter a market that's not structured through legislation to be overly favorable towards incumbents. Note that there are natural monopolies/oligopolies, which are the result of the nature of the market (eg need for scale) rather than legal lobbying.