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I think you have confused regulation with subsidy. Bell didn't collect money from the government to operate.
by spacemanmatt 12y ago
I think you have confused regulation with subsidy. Bell didn't collect money from the government to operate.
- ghaff 12y agoWhere did parent say they got a subsidy? AT&T was certainly insulated from normal market forces which had a lot to do with their ability to fund Bell Labs to work on a lot more fundamental research than is the norm just about anywhere else. Google is the outlier today--at least until such time as their search money press slows down.
- api 12y agoBeing completely insulated from competition is a huge indirect subsidy. Same net effect.
- spacemanmatt 12y agoI think you have confused the ends with the means.