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I’m saying that we have “deregulated” big-cap tech to the point of not enforcing laws that we enforced even a decade ago. This is analogous to the last time a s
by benreesman 3y ago
I’m saying that we have “deregulated” big-cap tech to the point of not enforcing laws that we enforced even a decade ago. This is analogous to the last time a sector 100% captured the regulators which was high finance in the Greenspan era last time. Ended poorly.
The likely height of big-cap tech regulation was the regulated monopoly of ATT/Bell Labs/Western Digital all through the 20th century.
I prefer the outcomes in that era to the present status quo.
You can agree or disagree, and disagreeing is simple: “I prefer these outcomes because…”. I welcome such disagreement. And FWIW I’m not one of the many people who downvoted you: but they were justified in doing so because you moved a comparison of policies and their outcomes into a more abstract space of 1-bit generalizations, e.g. “talking points” vs “law/precedent”. I gave examples, it’s public record and trivially Googleable.
You didn’t fail to understand my point, you didn’t like it and took a cheap shot.
- MichaelZuo 3y agoI never claimed to have “fail to understand my point” ? Are you sure your not misreading something?
- benreesman 3y agoLe sigh. I said big-cap tech used to get in trouble with the DoJ a lot, but has gotten finance-good at lobbying and so they don't get slapped hard anymore. You said that I was stringing together talking points and not citing concrete examples. Let me (start to) Google that for you: https://www.sec.gov/enforce/sec-enforcement-actions-fcpa-cases https://www.sec.gov/enforce/sec-enforcement-actions-fcpa-cas... https://www.justice.gov/atr/antitrust-case-filings-alpha https://www.justice.gov/atr/antitrust-case-filings-alpha https://www.csoonline.com/article/567531/the-biggest-data-breach-fines-penalties-and-settlements-so-far.html https://www.csoonline.com/article/567531/the-biggest-data-br... https://www.cnbc.com/2023/01/24/doj-files-second-antitrust-lawsuit-against-google.html https://www.cnbc.com/2023/01/24/doj-files-second-antitrust-l... https://www.channele2e.com/news/big-tech-antitrust-regulatory-breakup-updates https://www.channele2e.com/news/big-tech-antitrust-regulator... https://www.nytimes.com/2019/07/23/technology/justice-department-tech-antitrust.html https://www.nytimes.com/2019/07/23/technology/justice-depart... ... scads more law stuff and a decade ... https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L... ... scads more law stuff and a decade ... https://en.wikipedia.org/wiki/United_States_v._Microsoft_Corp https://en.wikipedia.org/wiki/United_States_v._Microsoft_Cor....
- MichaelZuo 3y agoWhat does 'Le sigh.' mean? And I never mentioned 'not citing concrete examples.', if your confused about the ask, I'll repost it: "can you write a credible argument based on known case-law/precedent/etc... " i.e. Can you write down the actual argument that you propose to advance?