|
|
|
|
|
by 1cvmask
1690 days ago
|
|
A government granted monopoly is something we should all challenge. Sometimes it is through rules and regulations and compliance regimes. Sometimes it is outright and blatant like issuing licenses and medallions. A monopoly that emerges naturally from network effects (like Metcalfe) is always temporary (that could be decades) till new tech emerges. That is a different monopoly issue. We should be wary of legislation there as it might actually entrench the monopolists. The biggest fear Facebook has now is Tik Tok. |
|