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Comcast, Centurylink Fail To Derail Community-Owned Gigabit Fiber Network In Bountiful, Utah
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This is the way. I want all places and all businesses to have healthy competitors. Businesses should not be allowed to acquire other businesses unless they have been operating in losses for at least 5 years. That’s how all this monopolistic bullshit will stop.
If you're not careful, that'll incentivize competing companies to collude with or acquire suppliers to drive up prices for competitors. I know that wasn't the thought behind the suggestion, but there's always someone there to break the spirit of the law, if not the word. And there's always people breaking the word of the law.
Yeah figured there would be a way for corporate greed to fuck over any regulation. Can you think of any amendments to my proposition that would prevent this?
Huh. It's tricky, isn't it?
Suggestion: Business laws preclude collusion between competitive businesses. Result: "No, Senator, even though our companies sell the same items made in the same factories with the same SKUs, for the purposes of this conversation we target different markets even though our own sales data proves this isn't the case."
Suggestion: CEOs must sacrifice a child every time they make an acquisition. Result: "CEO of Globoco announces acquisition of struggling orphanage."
Suggestion: Airtight laws that force everyone to play fair and pay their way. Result: Billionaires give handjobs to politicians and get the law neutered in return.
Or, just pay their executives more.