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To be fair, those were actually fairly progressive and disruptive industries when was involved in lobbying for them.
by snikolic 13y ago
To be fair, those were actually fairly progressive and disruptive industries when was involved in lobbying for them.
- mseebach 13y agoSo why did they need lobbying for more regulation? Why did they turn into complacent monopolies?
- rayiner 13y agoLobbying is just a way of telling the government what regulatory environment you think best suits your industry. At the time he was lobbying, the push was for deregulation, which was the right call. As for why they have become complacent monopolies: that is the nature of telecom (natural monopolies). There is unlimited economics of scale, so the most efficient state is E.G. For Verizon to keep growing until its the only wireless carrier.