> Regulations tend to favor incumbents, decreasing competition
Except in Europe where it has done the exact opposite for telecom, especially compared to the unregulated US.
Except in Europe where it has done the exact opposite for telecom, especially compared to the unregulated US.
> unregulated US
On the contrary, telecoms are very much regulated in the US. There is an entire commission for regulating radio/television/cable communications: the FCC.
I could hardly choose a more regulated industry than telecommunications.
Regulation can mean different things to different people. It's just stupid, one-dimensional, shallow thought to try to paint all regulation with a broad good-vs-bad brush.