this post was submitted on 10 Oct 2024
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How was the situation any different 10 years ago? I think it was the same in most regards. Different services but same market dynamics. I think the CRTC can (if given the authority, mandate etc) hit ROBeLUS quite effectively. Monopolies/oligopolies aren't only efficient at producing stuff and extracting maximum profit. They're also efficient to regulate because you have only a few firms to regulate and check for compliance. If someone wanted to regulate them, and if the regulatory apparatus wasn't captured by them, which it might be. It's not lost on me that they're also more efficient at regulatory capture.