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by gwright 2999 days ago
What government "power" is required to 'encourage competitors'? If there is business opportunity the market will attract participants all by itself without any need for government intervention.

In my experience, government incentives are generally misguided and force mis-allocation of resources. That is to say the government is distorting the market to favor activity that wouldn't otherwise be attractive to a business.

1 comments

Net neutrality would be a good example.
In what sense? ISPs are government-granted monopolies in the first place.

More on the issue: https://www.wired.com/2013/07/we-need-to-stop-focusing-on-ju...