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by ethbr1
235 days ago
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The issue is that current law around monopolies defines them from the wrong angle. Instead of taking a consumer-centric / competition perspective, they should be defined in terms of market share (with markets broadly defined from a consumer perspective). >10% = some minimal interoperability and reporting requirements >25% = serious interoperability requirements >35% = severe and audited interoperability requirements, with a method for gaps to be proposed by competitors, with the end goal of making increasing market share past this point difficult Close the "but it's free to consumers (because we monetize them in other ways)" loophole that every 90s+ internet business used: instead focus on ensuring competition as measured by market share. |
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It's regulatory capture
now a small competitor wants to do something like get into the wifi game and they're look at huge fixed fees to get started.