Reply to post: Re: Please explain: why do we NEED this so-called "net neutrality" again?

FCC: Oh no, deary me. What a shame. Too bad, so sad we can't do net neutrality appeal during the US govt shutdown

rcp27

Re: Please explain: why do we NEED this so-called "net neutrality" again?

Regulation is needed where you have a market failure. Let's see, wikipedia for Free Market: "Conditions that must exist for unregulated markets to behave as "free markets" are summarized at perfect competition. An absence of any of these perfect competition ideal conditions is a market failure." So let's follow that link to "perfect competition": "There is a set of market conditions which are assumed to prevail ... These conditions include ... A large number of buyers and sellers ... No barriers to entry or exit". Nope, no "perfect competition" there, so no Free Market.

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