2 ms·
There is no market. Two sellers and millions of buyers is not a functional market. You can't set a monopoly free and hope it becomes a thriving ecosystem of buy
by logn 12y ago
There is no market. Two sellers and millions of buyers is not a functional market. You can't set a monopoly free and hope it becomes a thriving ecosystem of buyers and sellers. The free market libertarian ideology has been brilliantly pushed by crony capitalists and most people can't discern the difference.
Given the current situation, the simple solution for peering is to force providers to connect at cost (which is thousands of dollars... not millions like what netflix paid).
- EGreg 12y agoTrue, monopoly players distort markets as much as governments (which are in fact also monopolies in a certain real sense). I think that, in general, having the government guarantee something and then regulate it should be done only for the "minimum layer", it should have a limit. Above that, there should be a free market where only negative externalities are regulated.