▲ | shmerl 7 months ago | ||||||||||||||||
Pro-monopoly (that's what "deregulation" in practice means) is not the same as pro-business. It's pro very specific business which wants to have no competition which is very unhealthy for business in general. | |||||||||||||||||
▲ | Dracophoenix 7 months ago | parent [-] | ||||||||||||||||
Regulation is in fact pro-monopoly. It serves as a cudgel against would-be competitors and keeps incumbents in place even where they would produce worse service at a higher cost. Deregulation as demonstrated in the industries of air travel and telecommunications have produced more competition, not less. | |||||||||||||||||
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