Matthew Yglesias

@mattyglesias ↗

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Last Checked Nov. 25, 2019

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Fri Oct 04 18:20:26 +0000 2019

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Matthew Yglesias @mattyglesias

There’s never going to be an options-rich marketplace of diverse owners of electrical wires running through town. The lack of competition is a problem, but it’s a problem you address with direct regulation not with antitrust efforts. — PolitiTweet.org

Posted Oct. 4, 2019 Hibernated

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Matthew Yglesias @mattyglesias

One thing about Facebook is it exhibits some of the signs of a natural monopoly driven by network effects, in which case no amount of “breaking up” this or that will generate a competitive market. In that case the paradigm you want is utility regulation. — PolitiTweet.org

Posted Oct. 4, 2019 Hibernated

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Matthew Yglesias @mattyglesias

But Facebook (like Google) is also of interest because of its role in the dissemination of information. In the broadcast television heyday we demanded a low level of concentration in this industry for reasons *other* than competition economics — pluralism and democracy. — PolitiTweet.org

Posted Oct. 4, 2019 Hibernated