7,928 karma · joined January 13, 2015
But a market where exorbitant costs of regulation drive up the minimum efficient scale to the point that no new entrants are possible is also not a free market.
A free market is one where prices are set based on supply and demand without restrictions on competition due to monopolistic powers, market reserve regulations, etc.
There are always limits to competition, some due to scale, some due to market size, some due to availability of resources. None of those prevent a market from being free.
Even antitrust regulation doesn't necessarily prevent a market from being free.
Absolutely not, there is such a thing as minimum efficient scale. Some markets might only have room for 2 or 3 companies to operate efficiently.
Without that weight, there isn't much to prevent the walls from caving in.
Not entirely. The once massive Mesopotamian Marshes (which were largely drained by Saddam to destroy the local Shia population) have been partially restored, from about 10% of the original size to about 50%. It will probably take many decades for the ecosystems to be restored, but it is nonetheless good news.
Edit: Worth seeing here https://earthengine.google.com/timelapse#v=31.16454,47.12287...
What data? User's data? Algorithms? There's little value in FB's algorithms, the value is simply in its usage by users, content creators and advertisers.
Without those, FB is worthless.
It is just the result of protectionism.
If your point is "I want my cut in money", then you need to find someone who's willing to give you a cut in money.
> If I deny the use of my data (opt-out, right to be forgotten), I need a way to enforce that.
But that's easy to do: don't provide your data.
Your argument seems to be more like "bartering access for data should be illegal" or "it should be illegal to offer a free, ad-funded online service without offering the same service without any ads or tracking by the price that I want, a shrubbery, a nice one, not too expensive".
It isn't wrong, but it is a different argument.
PS: Sorry for the shrubbery joke, wasn't meant to ridicule anyone but myself :)
Heck, in 2000, just under 30% of the global population had access to properly built sanitation services.
And about 28% of the global population live with under a $1 (in PPP) per day.
Respectfully, I think you are lacking some context about life in other countries.
If that doesn't qualify it as a product only available to the elites, I don't know what will...
Oh, you mean that if politicians pass a law saying the sky is red, then it stops being blue?
Seriously, if the EU "rules" that gravity doesn't exist, then it suddenly stops existing?
Don't be angry because you don't understand the subject...
That completely ignores the fact that there is intense competition for developers and users between Android and iOS, and renders the point moot.
Sure, you can always define an arbitrary market for which a company will have dominance, but that's irrelevant from an economics perspective.
Maybe you should go read on what a monopoly actually is...
Here's a good interview with the economist who taught me what a monopoly is:
https://hbr.org/2017/11/as-more-people-worry-about-monopolie...
Will be a good point for you to start.
And that's exactly how any open standard works, isn't it?
Or were you expecting that some standard board would have power over Google (or any other company) and be able to dictate how Google (or any other company) can implement the standard or not?
Again, you only have visibility to the POPs, so you're only seeing improvements on the path to the POP.
For example: there is no Google POP anywhere near its Oregon datacenter[1]. You literally can't just push your traffic to the Dalles and plug into the datacenter.
So, no matter where your customer is, you can only improve the traffic to the Seattle or the Bay Area POPs, where the traffic will move over to Google's private network.
Sorry, but I have to call BS on your claims...
The "very poor" in the US are rich in most of the developing world.
Unless you're telling me that Google is giving you access to its private networks all the way to the datacenters, which I'd find hard to believe.
Between you and a Google Datacenter, most of the path is through Google's private networks.
No, it isn't false. Buying and/or installing an app today is orders of magnitude easier, safer and cheaper than 2005.
You clearly don't like it, and you probably are part of the little elite that had access to the internet before the general public did.
You can still do online everything that you used to in 2005, nothing was removed.
> That may have been true in the 80s, but by 2000 usage was at 50% and climbed to 75% by 2010.
Sorry the break the news to you, but the US isn't the world.
Maybe you should step out of the hacker news bubble for a minute.
What matters is only the impact to the consumer, and the consumer is far, far better off than in 2005.
And if you read the EU decision, you'll notice that they're assuming that Android doesn't compete with iOS...
You seem to have a mental image of the internet that doesn't correspond to reality. Poor didn't have access, they couldn't afford a computer, much less an internet plan.
Step out of the Hacker News bubble for a bit.
There is an app ecosystem composed of Google Mobile Services and the Play store, today it runs on Android and on ChromeOS, and it seems that it will run on fuchsia too.
The rest is just saudosistic nostalgia. There wasn't mass access to the internet, you're just missing the times when a small elite had access to the internet.
Consumers are far better now than they were.