Earlier quoted context omitted.
The current trend in govt regulation is actually going in the opposite direction, with telecom lobbies in Europe pushing for "fair share" (pretty much an implementation through law of what Deutsche Telekom and Vodafone Germany are doing right now) through the Digital Networks Act. South Korea pioneered "fair share" govt regulations in 2016 (which caused Twitch to exit the market in 2024 due the exorbitant "fair share…
Because western governments (and those whose governments were modeled from western regimes - like post-war South Korea and Japan) have become victim to regulatory capture and corruption. It’s why the FCC has repeatedly killed, blocked, or reversed reforms like net neutrality or “nutrition labels” on ISPs, and why South Korea gave in to “fair share” regulations that deterred further investment. Tech money is hugely in…
Aka regulation..... Nearly all regulation is for regulatory capture and if you think of something that isn't it probably just outlived who it was designed to capture for.