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by calvinmorrison
237 days ago
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well exactly, Verizon, Amazon, etc all LOVE more regulation. they have armies of lawyers who not only help in constructing the laws, they help pass, lobby and implement them. then the same law firms help amazon, verizon, etc execute it. 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. |
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Partly a consequence of the biggest tech firms getting bigger.
And partly because of newfound technical ability to achieve mass lock-in (e.g. vendor-controlled encryption, TPMs, vertical integration in platforms, first-party app stores, etc).
The 'but regulatory capture' counter argument rings hollow when the government has given the market a lighter monopoly regulatory touch... and we've ended up with a more concentrated, less competitive market than when it was more heavily regulated.