Earlier quoted context omitted.
I think you're moving goal posts. Not all problems with our market are the result of simple consolidation of market leaders. Put simply, don't buy products that lock you in if you don't want products to lock you in. It seems like consumers are capable of making decisions based on price, durability, features, color etc. why is any other variable sacred? The answer is consumers don't care about these issues enough to p…
It's still blame for being non-technical. People rightfully don't really know how a lot of these highly complex products work. They just want to (e.g.) make sure their photos of their kids won't get deleted. The whole purpose of regulations is to protect the consumer against predatory companies. Companies are showing up armed with a massive information asymmetry. They’re paying thousands of data scientists and market…
I, myself do not have a Facebook, Instagram, WhatsApp, WhateverZuckBuysNext account because Facebook is a bad company and I don't wish to give it a dollar. When WhatsApp decided to merge Facebook and WhatsApp user data, consumers reacted by switching to Signal, a more equitable competitor. Facebook then had to placate them, at least temporarily. This is how conscious consumption works and in a capitalist economy transactions and boycotts are one of the purist ways to show your approval or disapproval of a company's products, services and behavior. It punishes bad actors in their wallets and rewards good ones in theirs instead.
I am 100% in favor of mandated information disclosure laws. I think consumers cannot make a voluntary and informed market decision if they don't have adequate information. Things like nutritional values, ingredients lists, explicitly enumerated contracts, hazards, precautions, demarcated place of product origin, assembly and material origin etc. etc. These are the tools with which consumers can make market decisions.
We live in a society where this information disclosure is obviously inadequate but consumers are also part of the equation and should be more vigilant and aware of their part in this dance.
I don't think the only two options are between a heavily regulated corporate hegemony (with consumer safeguards) and pro-corporate monopolist authoritarianism. We can do better but people need to do better too.