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> because they had a monopoly over the local distribution of information Not to worry, several US states still have draconian laws to keep the local newspaper
by delfinom 3y ago
> because they had a monopoly over the local distribution of information
Not to worry, several US states still have draconian laws to keep the local newspaper in business. In NYS, when you start a LLC or corp, you have to publish an announcement in 2 papers in the state announcing it and get certificates from the paper proving it. Of course there are ever so convenient "business papers" to leech off it. Some law makers tried to change that a few years ago and queue the lobbyist outrage.
- wvenable 3y agoGovernments pick winners and losers. For all these laws, like this Canadian law and the one you mention, there are plenty of business models that disappear without anyone doing anything about it. I feel that if there is still a market for news then the market will figure it out. We should make laws encourage smaller players and avoid monopolies. Instead of making laws that transfer money from one giant corporation to another giant corporation. But that'll never happen because giant corporations have all the influence.