...is almost always a bad idea. We need new services, new investment, new entrants.
Opnnness can defend itself -- it got this far. If any of the alleged 'abuses' truly became 'serious' that would give a marketing coup to competitors and spur to new entrants.
The idea that regulating the existing monopolies is 'easier to achieve' than true competition is a self-fulfilling prophecy. New regulations entrench present-day services, and flatter regulators into thinking only they, and not competition, can protect customers.
If a shortage of competition is the real problem -- and it is -- policies should address that, not enshrine the current lack of competition in regulations.
...is almost always a bad idea. We need new services, new investment, new entrants.
Opnnness can defend itself -- it got this far. If any of the alleged 'abuses' truly became 'serious' that would give a marketing coup to competitors and spur to new entrants.
The idea that regulating the existing monopolies is 'easier to achieve' than true competition is a self-fulfilling prophecy. New regulations entrench present-day services, and flatter regulators into thinking only they, and not competition, can protect customers.
If a shortage of competition is the real problem -- and it is -- policies should address that, not enshrine the current lack of competition in regulations.