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I do not understand the viewpoint of most of the "good people of the Internet" that bringing regulators in at this stage is desirable. We have so many clear ex
by rdl 12y ago
I do not understand the viewpoint of most of the "good people of the Internet" that bringing regulators in at this stage is desirable. We have so many clear examples of regulation in a market with some semi-incumbents and a bunch of new entrants serving mainly to entrench the incumbents.
I'm in favor of regulation in inherently static markets. Your water utility probably should be regulated, or at least water transport should be state owned or common carrier.
Entertainment companies should NOT be heavily regulated.
The Internet has some aspects of each, but the fundamental technologies are changing so fast that I'd not want to entrench any players, even currently-highly-innovative ones like Google and Netflix.