Re:Regulating Big Tech makes them stronger, so they need com...
by beering on Tuesday November 05, 2019 @11:32AM
(#21453908)
It's also a myth that lack of regulation necessarily makes the market freer. There are many tactics that a huge company or monopoly can carry out that suppress free market dynamics. Antitrust regulations are one example that promote free market dynamics.
Re:Regulating Big Tech makes them stronger, so they need com...
by PeterStuer on Tuesday November 05, 2019 @01:14PM
(#21454997)
As an example, only strong regulatory intervention opened up the EU telecoms market.
I guess it all depends on how you define "pseudo free market" but the government has been intervening in the economy since the birth of the nation. It's just a bit of a myth that the market is a free market.