The Chicago School Warned You about Regulatory Capture

Here’s a lession in microeconomics: Microsoft’s Palladium. It strikes me as Redmond’s next attempt to do an AT&T on computing — “Please regulate me, for I am a monopoly, I propagate viruses, and I encourage teenagers to copy Britney without paying for the privilege, but, *hem* you must forbid in law any competition.”

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This entry was written by Bill Humphries and posted on June 24, 2002 at 12:00 am and filed under Uncategorized. Bookmark the permalink. Follow any comments here with the Atom feed for this post. Both comments and trackbacks are currently closed.