why a FREE MARKET won’t work

In response to Google and Verizon trying to circumvent FCC rules on Net Neutrality:

The Economist:

If companies always agreed with regulators’ rules, there would be no need for regulators. The very point of a regulator is to do things that companies don’t like, out of concern for the welfare of the market or the consumer.

I’ve seen in my lifetime that competition will diminish if markets can do what they like. We end up with oligopoly or, even worse, monopoly.

Oligopoly and monopoly are normally very, very BAD for consumers.

In my opinion we need “regulators” but they should regulate as little as possible, … mainly with the goal of maintaining a high level of competition.

(via one of the best blogs Daring Fireball)

… I’ve got mixed feelings on the Net Neutrality issue, myself. … I’ll support Net Neutrality, for now.

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