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by dragonwriter
1836 days ago
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> Why not declare AT&T, Comcast, et al. to be public utilities, by an Act of Congress? Because of the expense (5th Amendment.) Making them more-regulated-but-still-private utilities would have a lower up front cost, and probably work just as well. |
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Regulation as utilities is a minimum need, but corporations will always find ways to conduct regulatory capture and game the rules. This is why I think utilities need to be mostly social venture nonprofits that are highly-regulated.