Google Fires Off Warning to US Telcos
mytrip writes "The US Senate Commerce Committee last week approved reforms in communications legislation that will make it easier for Internet providers to offer IP-based television.
The resultant perceived threat of telecommunications companies muscling in on the Web has stirred search giant Google into firing off warnings.
A spokesman said it would not hesitate to file anti-trust complaints if Internet-providing telcos abuse powers that could come from U.S. legislators in further reforms - some of which, Google argues, could threaten 'Net Neutrality'.
From Reuters (linked in Article), More Info Here in yesterday's article
Actually the Spanish American War (federal excise) tax was finally repealed a few months ago. Not only that but it was retroactive to 3 years ago. It took over a hundred years to do, but it did happen.
So can the gf poster get all he wants now?
I disagree. Complete "freedom" in either the market or society is never a good thing. John D. Rockerfeller had complete "freedom" to use extortion, threats, and bribery to build an oil monopoly and squash competitors. Government intervention split the company and now using his methods is illegal. It also split the big AT&T telcom monopoly. If it weren't for government intervention, we would still be overpaying for land-line service. The EU is currently leveraging fines against Microsoft for not providing accurate API documentation to third parties. A free market NEEDS regulation, because when left to it's own devices, eventually a shark is going to come along and swallow up the competition, creating a predatory monopoly. Without government to step in and provide a deterrent against this, any free market will eventually implode.
LOL.
:)
I guess the mods are on crack. The OP is making fun of Ted Stevens. Funny, yes, but not informative.
There is such a thing as a natural monopoly, where the balance between cost of operation and potential income mean that only a single supplier can survive in the market.
Russia failed because planned economies do not work (among other reasons); monopolies in inappropriate places was just one aspect of that.
US Democracy:The best person for the job (among These pre-selected choices...)
Wasn't this already decided by that case that orginally caused the breakup of AT&T into the Baby Bells --- the lawsuits brought by Carterfone and MCI after AT&T tried to muscle them out of the industry by pulling their longlines?????
The rest of the world isn't trying to pass laws against neutrality (at least not yet). The issue is with local ISPs, therefore restricted to the US.
"The way we can tell it's C# instead of Haskell is because it's nine lines instead of two." -- wadler
Pissing, moaning, bitching and complaining about jokes never improves a discussion.
There's a reason slashdot allows you to set your own weights on moderation. Of course, this is an inherently flawed system, since moderation is abused more than Michael Jackson's young house guests. Still, if you don't want to see the humor, set a big fat negative weight on funny mods, and piss off.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
If the telcos are not regulated they either coalesce into a Ma Bell or cartel the market.
Wrong in too many ways to count. I'll lay out the most obvious for you. Ma Bell did not get that way due to lack of regulation. In fact, just the opposite is true. It was government regulation that protected their monopoly. It is impossible for any one corporation to monopolize any market without government protection of some form. One form is outright regulation, as in Ma Bell's case, and in the case of broadcast media, or many other widely used method of mass communications. Another is is IP law, as in the case of Microsoft, the biggest pharmaceutical companies, the content distributors(note, that does not necessarily include the content creators), and a certain seed supplier. In a truly free market, it is up to us to weed out the wheat from the chaff. We can use the government to help us make an informed decision, but the decision should be ours to make. At the same time, you are right that the public can and should use the government to enforce their decision, provided there is a widely accepted consensus. A simple majority would leave 49% out in the cold.
What?
To answer my own question: holy shit!
I wish I had invested, instead of just getting angry, when I first heard about the connection. That was right around the low point; I'd have almost a 1000% profit in four years.
Wow. I wonder how many accounts that currently have Halliburton in them should be investigated by the SEC. And how many actually will be...
I feel fantastic, and I'm still alive.
Yes - Most Congressmen are attorneys and they tend to complicate things. They also tend to complicate things in FAVOR of their largest donors.
In fact the government created the problem here in the first place. The telcos and backbone providers are all government-granted monopolies. In a free market, this wouldn't even be an issue because there would be enough true competition where everyone would play fair.
Libertas in infinitum