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Old 06-28-07, 04:37 PM   #5
P_Funk
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Join Date: Jun 2005
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Quote:
Originally Posted by waste gate
Quote:
Originally Posted by SUBMAN1
Some days, I think control of the net should be on a world stage, instead of a US controlled one. Now companies can screw you BW wise.

-S


http://www.consumeraffairs.com/news0...6/ftc_net.html
I don't know but the FTC seems to be moving away from regulation here. This leads to more real competition among providers of internet connectivity and more consumer choice and free market forces. That is how I read it. I could be wrong but it seems like this is a good thing for us. But I'm a free marketeer.

regulation often has unintended side-effects...
The problem with that assesement is that laissez-faire free market capitalism is not always the better choice in any situation. The overreliance on "market forces" to do the right thing without setting up a regulatory safety net to prevent those same forces from exploiting a favourable situation is exactly the kind of thing that will kill the beautiful internet and make us react after the damage has been done. But I don't want to lose the internet just to make sure we don't rub wrong with the competitive market. Its a misnomer to say that deregulation always creates more competition. When we talk of competition in a positive sense we mean basically better choices and products for the consumer, the ultimate supposed beneficiary in the market process. But while the assertion that regulation can have unknown consequences so too can lack of regulation. Its not an either or, but a balance, and history of economics proves that.

Here I think we need to be wary of losing the internet before we worry about prophesied competition.
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