[171273] in North American Network Operators' Group
Re: The FCC is planning new net neutrality rules. And they could
daemon@ATHENA.MIT.EDU (Larry Sheldon)
Thu Apr 24 23:38:27 2014
Date: Thu, 24 Apr 2014 22:38:13 -0500
From: Larry Sheldon <LarrySheldon@cox.net>
To: nanog@nanog.org
In-Reply-To: <u3QF1n0011Una3W013QGM4>
Errors-To: nanog-bounces+nanog.discuss=bloom-picayune.mit.edu@nanog.org
On 4/24/2014 10:23 PM, Patrick W. Gilmore wrote:
> The invisible hand of the market cannot fix problems when there is a monopoly.
>
> Put in economic terms, a player with Market Power is extracting Rents. (Capitalization is intentional.)
>
> Regulating monopolies allows a market to work, not the opposite.
>
Regulating monopolies protects monopolies from competition.
Monopolies can not persist without regulation.
A regulated monopoly is a monopoly, with all of the powers granted to
monopolies by regulation.
--
Requiescas in pace o email Two identifying characteristics
of System Administrators:
Ex turpi causa non oritur actio Infallibility, and the ability to
learn from their mistakes.
(Adapted from Stephen Pinker)
