Re:German Data Privacy Commissioner Says Article 13 Inevitab...
by nerdponx on Monday March 04, 2019 @09:53AM
(#19301695)
Regulation is good for the big guys. It hurts Google less than it hurts competition.
[ Parent
| on HN ]
Re:German Data Privacy Commissioner Says Article 13 Inevitab...
by ocdtrekkie on Monday March 04, 2019 @10:42AM
(#19302074)
This isn't true, and never has been true. It's a constant cry of the monopolist to claim regulations help them. It's a lie we need to stop propagating and giving attention to.
Re:German Data Privacy Commissioner Says Article 13 Inevitab...
by jplayer01 on Monday March 04, 2019 @11:06AM
(#19302247)
https://en.wikipedia.org/wiki/Regulatory_capture
It's totally a thing and actually happens a lot. See AT&T.
Re:German Data Privacy Commissioner Says Article 13 Inevitab...
by ocdtrekkie on Monday March 04, 2019 @11:18AM
(#19302350)
The main issue you are missing is that Google and Netflix are screaming desperately, and spending billions funding groups decrying that "oh no, our monopolies will be protected if these laws are passed".
Myths aside, these companies are not complaining about repealing net neutrality[1], copyright reform, etc. out of the goodness of their hearts and their desires to protect competition or the free internet or whatever other nonsense they're peddling. They're lying about the impact because they want to continue to rake in profits at the expense of everyone else, and they well know the changes in the law that are coming are going to turn off the free faucet.
[1]The irony of this one in particular, is that net neutrality assures regulatory capture. ;)