
Absolutely
! Cable and Telco geo-monopo
lies, and market share quasi-mono
polies, FTC and FCC outdated and allowed monopolies
, bought-and
-paid-for politician
s that thwart trnsparenc
y and competitiv
e access regulation
s (or de-regulat
ion if necessary)
.
Just Cable market dominance through monopolist
ic practices have cost U.S. Users over $250,000,0
00,000 in excess profits to Cable in the last generation (That's $250 Billion with a big "B" folks!).
In exchange? The U.S. is 15-17th in world Internet Reach and Speed rankings, falling further behind daily, when the Internet is growing in economic influence at an even more rapid pace.
Pharma? Health care? Education? All have monopolist
ic practices of one kind or another that inhibit competitio
n, raise prices and reduce choice; choice which inevitably lowers prices, increases choices, and provides better quality.
Our myopia in not regognizin
g the real need of government to encourage market share competitio
n through regulatory transparen
cy, disallowin
g monopolist
ic practices (does anybody really think companies won't invest and take chances if the risk/rewar
d ratio is compelling
? That gaming the system through obtaining government support, incentives
, and guarantees to reduce risk is just part of the system?) and ensuring an open and freely competitiv
e marketplac
e.
About MicrosoftRead the Article at HuffingtonPost
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