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Net Neutrality is recipe for crony capitalism
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Net Neutrality is recipe for crony capitalism


Mar 30, 2015, 7:34 PM

http://dailysignal.com/2015/03/30/how-government-imposed-net-neutrality-is-recipe-for-crony-capitalism/?utm_source=facebook&utm_medium=social&utm_campaign=thf03302015CronyCapitalism

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Re: Net Neutrality is recipe for crony capitalism


Mar 30, 2015, 7:36 PM

"well-connected businesses use lobbying and inside influence to benefit themselves by having government enact special subsidies, bailouts and complex regulations."


There is some truth to that. I've long thought that big business is ok with regulations, they're the ones that can afford it. New, small companies can't.

There comes the monopoly.

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Re: Net Neutrality is recipe for crony capitalism


Mar 30, 2015, 7:51 PM

The author suggests that Netflix and Google will win out over smaller companies because they'll have the better lawyers and more influence with the FCC. There's a general underlying truth about those with the most money running the game. However, to the extent that Netflix and Google wind up litigating net neutrality, they are unlikely to be litigating against their smaller competitors. Under net neutrality, the expected litigation will be between them and the ISPs (Comcast, Verizon, etc.).

Meanwhile, without net neutrality, the small companies would be at the whim of those ISPs, with no recourse at the FCC, and would face the danger of unfair and unchecked collusion between ISPs and large media companies.

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Falsehood flies, and truth comes limping after it, so that when men come to be undeceived, it is too late; the jest is over, and the tale hath had its effect: like a man, who hath thought of a good repartee when the discourse is changed, or the company parted; or like a physician, who hath found out an infallible medicine, after the patient is dead.
- Jonathan Swift


Which has not happened yet, except for a large company


Mar 30, 2015, 9:14 PM

vs. large ISP (Netflix vs. Comcast) dispute. That entire spat was caused because of the huge amount of traffic that Netflix was pushing out, hardly a small startup needing protection.

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Everything was actually okay until Verizon got greedy


Mar 31, 2015, 12:04 AM

and sued the FCC in 2011 to overturn the open internet rules...they initially won, but it clearly backfired on them

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Re: Which has not happened yet, except for a large company


Mar 31, 2015, 1:23 PM [ in reply to Which has not happened yet, except for a large company ]

Kinda like pastors needing protection from gay marriage?

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Businesses had rather lobby and pay off politicians


Mar 31, 2015, 6:20 AM

than to compete in the market place. The politicians had rather get paid off and convince the voter that they are doing something for them. It is a win-win, with the only losers being the customers. That is what government does for you.

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Wait, so net neutrality regs are GOOD for the telecoms?


Mar 31, 2015, 8:35 AM

Well someone ought to tell them that because they're already filing court documents trying to get the competition-stifling regulations overturned. Why are they fighting to undermine rules that ensure their ongoing monopolies? It's almost as if this is a bunch of bull#### and the Heritage Foundation is a cabal of political hacks.

It's amusing to see these conservatives arguing against corporate influence in politics, though. CDef's post sounds like something I'd say.

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This is easier for them than competing in the marketplace***


Mar 31, 2015, 8:45 AM



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Ok, but if net neutrality regs are good for ISPs


Mar 31, 2015, 8:53 AM

then why are they attempting to overturn them?

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I don't think so.


Mar 31, 2015, 9:44 AM

http://corporate.comcast.com/twctransaction/net-neutrality-together



Net Neutrality Protection for More Americans: Comcast’s transaction with Time Warner Cable will bring Net Neutrality protection to millions of new customers in cities from New York to Los Angeles. An open Internet stimulates competition, promotes innovation, fosters job creation, and drives business. Comcast is the only Internet service provider in America bound by full Net Neutrality rules, ensuring an open Internet and protecting customers.

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Comcast sued/argued against Net Neutrality


Mar 31, 2015, 11:19 AM

then agreed to it when they acquired NBC Universal and now they are trying to boast they are all about it for PR reasons and to try to get the TWC merger pushed through.

Seriously, do you actually think Comcast has the consumer in mind?

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