osewalrus (osewalrus) wrote,
osewalrus
osewalrus

Link Harvest: How Large ISPs Don't Innovate, But Focus on Crushing Competition

This Techdirt piece captures a basic truism about big companies. Innovation is hard, market power is easy. Where capitalism and free markets produce their advantages is only when actual competition exists. As the venerable patron saint of free markets Adam Smith observed, merchants will naturally tend to monopoly. But while Smith despaired of government being able to actually strop such behavior (while observing government should at least not encourage it), I am more hopeful.
http://techdirt.com/articles/20100625/1617489965.shtml

Original Wired piece: http://www.wired.com/epicenter/2010/06/you-dont-want-isps-to-innovate/
Subscribe
  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your IP address will be recorded 

  • 2 comments