4 ms·
I'd like to see a private equity style Competition Authority. The idea being the gov would come into a monopolized market and fund new competitors. I say PE bec
by merely-unlikely 4y ago
I'd like to see a private equity style Competition Authority. The idea being the gov would come into a monopolized market and fund new competitors. I say PE because I'd rather the people profit if successful rather than subsidies but the real point is funding more choice vs only having the power to breakup or constrain existing corporations. Another tool in the toolbox.
- jrm4 4y agoEssentially, though -- this is just "more regulation with extra steps." Just pass the regulations and competition will likely find a way around it. Honestly, this to me is the biggest blind spot in all of "pro free market capitalism." The good flavor of capitalism is antifragile, You can make competition better precisely by making things HARDER on private companies, not easier. Stuff gets better because the weak die.