It's an interesting observation that Europe seems to be the last bastion of what some would call market balanced regulation, as contrasted with the US's systemic winner take all corporate capitalism[2]. I miss FDR greatly.
This smells weird. There's worse monopolies in IT today - Microsoft is of course, still an easy target. Google doesn't go out of its way to rub out competition, it doesn't make proprietary standards, and there's low barriers to entry in the search market, at least. What's the story behind the story?
3 comments
[ 3.4 ms ] story [ 14.1 ms ] threadIt's an interesting observation that Europe seems to be the last bastion of what some would call market balanced regulation, as contrasted with the US's systemic winner take all corporate capitalism[2]. I miss FDR greatly.
[1] - http://en.wikipedia.org/wiki/Breakup_of_the_Bell_System [2] - http://en.wikipedia.org/wiki/Corporate_capitalism