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>the EU would be a great place to build software companies if the governments weren't hostile to the idea of large tech companies which is where the market want
by Xelbair 1y ago
>the EU would be a great place to build software companies if the governments weren't hostile to the idea of large tech companies which is where the market wants to go.
All unregulated markets over time tend to strive for monopoly, as it takes just a short period in which a dominant faction emerges - which kills the capitalist system. Your statement is pure tautology.
EU is hostile to tech and innovation due to top-down approach and working against market forces for sure, but market forces aren't morally good, they just exist - there's no virtue in them.
What needs to change is a shift from top-down approach to one where they setup a framework for competitive AND profitable industry. But this will never happen - EU is too rife with internal conflicts of interest between countries as they are also competing with each other.
It is stuck in-between trade union and federation, and reaps downsides of both.
- terminalshort 1y agoThis is complete nonsense. Free markets have been operating for centuries and still most markets are nowhere close to monopoly.
- thefz 1y agoNot that the rest of his comments show some brilliant reasoning to be honest :)
- Xelbair 1y agofind me single unregulated unrestricted free market that has been operating for centuries. the ancap paradise.
- 1718627440 1y agoYou are confusing free and unrestricted markets. A free market means that reality is accurately is reflected in prices, so people can make a free and informed choice. I think free and unrestricted can't exit, but that's just my opinion.
- terminalshort 1y agoRestaurants
- n4r9 1y agoSubject to food and safety standards, environmental regulations, antitrust regulations, minimum alcohol pricing, event licencing, marketing and advertising compliance etc....
- terminalshort 1y agoRestaurants weren't a monopoly, or even close to a monopoly before any of that. Neither were most industries before any of those regulations. In fact they were less monopolistic. Excessive regulations make things more concentrated, not less, because the compliance costs are less burdensome on large companies.
- marcosdumay 1y ago"Industries" are something that only appeared after a huge popular movement that killed or threatened to kill several government heads around the world and whose one of the demands were to extinguish the monopolies.
- imtringued 1y agoI think you are mistaken about the part where they demanded to extinguish monopolies. They just wanted to replace the existing monopolies with their own favoured monopolies.
- marcosdumay 1y agoThat's bullshit. The illuminists wanted to read books without seeking permission, to be able to buy stuff from a a neighboring city, or to work on whatever they wanted.
- n4r9 1y agoCompetition and anti-trust interventions have also been around for centuries.