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Old 11-29-2020, 08:17 AM
  #131  
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Originally Posted by Seneca Pilot View Post
Those anti-competitive behaviors are usually collusion with government to create barriers to entry for new competitors. Think of a NY cab medallion as a good example.
Taxi Cabs are a public service that need controls so that multiple competitors don't flood the streets with empty cabs. It makes perfect sense to regulate that industry.

In regards to consolidation, the biggest example has been media. Entertainment, news, local, national, print, online, video... is all rushing into the hands of a small number of powerful global entities. And the government is sitting on its hands letting it happen.

The 'collusion' is the regulators letting it all happen. Look up 'Regulatory Capture' to understand the state of the world.
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Old 11-29-2020, 08:22 AM
  #132  
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Originally Posted by GateAgent007 View Post
Taxi Cabs are a public service that need controls so multiple competitors don't flood the streets with empty cabs. It makes perfect sense to regulate that industry.

In regards to consolidation, the biggest example has been media. Entertainment, news, local, national, print, online, video... is all rushing into the hands of a small number of powerful global entities. And the government is sitting on its hands letting it happen.

The 'collusion' is the regulators letting it all happen. Look up 'Regulatory Capture' to understand the state of the world.

Section 230 isn't letting it happen it's protecting them.

Regulation of safety is a completely different argument from limiting numbers and getting kick backs and charging high fees to protect the turf of current owners. You can regulate safety without anti competitive practices. Competitors wouldn't flood the streets with empty cabs as that would be unprofitable. They would however charge more competitive fares and make more cabs available in a city prone to shortages of cabs for transportation.
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Old 11-29-2020, 08:26 AM
  #133  
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Originally Posted by Seneca Pilot View Post
Those anti-competitive behaviors are usually collusion with government to create barriers to entry for new competitors. Think of a NY cab medallion as a good example.
Well sure, they are going to act in their own self interest, but that's like saying rich people only get rich because of the government and having more influence. Most likely a factor, yes. You're trying to explain a characteristic of monopolies and big companies as the sole reason they got that way. You also seem to be advocating that your position holds true for all companies/monopolies. I don't think that holds up in any logical argument.
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Old 11-29-2020, 08:27 AM
  #134  
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So a quick poll:

Should the waiver of the 80% utilization rule on gates and slots be extended AGAIN (a third time) to protect the current holders from the LCC/ULCCs they wish to freeze out of these hubs?
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Old 11-29-2020, 08:27 AM
  #135  
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Originally Posted by Seneca Pilot View Post
Section 230 isn't letting it happen it's protecting them.

Regulation of safety is a completely different argument from limiting numbers and getting kick backs and charging high fees to protect the turf of current owners. You can regulate safety without anti competitive practices. Competitors wouldn't flood the streets with empty cabs as that would be unprofitable. They would however charge more competitive fares and make more cabs available in a city prone to shortages of cabs for transportation.
Nice Trumpian talking point. Why is Section 230, which solely deals with online content, somehow responsible for Sinclair buying up hundreds of local TV stations?

The NYC streets are not a laboratory for which economic models should play out. So while your survival of the fittest war of the cab companies unfolds, the streets are packed with cabs, causing severe traffic congestion and economic damage.
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Old 11-29-2020, 08:30 AM
  #136  
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Originally Posted by JamesNoBrakes View Post
Well sure, they are going to act in their own self interest, but that's like saying rich people only get rich because of the government and having more influence. Most likely a factor, yes. You're trying to explain a characteristic of monopolies and big companies as the sole reason they got that way. You also seem to be advocating that your position holds true for all companies/monopolies. I don't think that holds up in any logical argument.
No it isn't. What it is saying is that once they become rich and powerful they tend to donate large sums to politicians in return for regulatory protections which create large barriers to entry to new competitors. Many started out as small businesses and tackled their own Goliaths along the way and just want protection from the new threats.
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Old 11-29-2020, 08:33 AM
  #137  
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Originally Posted by JamesNoBrakes View Post
Well sure, they are going to act in their own self interest, but that's like saying rich people only get rich because of the government and having more influence. Most likely a factor, yes. You're trying to explain a characteristic of monopolies and big companies as the sole reason they got that way. I don't think that holds up in any logical argument.
I can certainly think of at least a few instances. My state was among those who most hammered the cigarette companies for selling cigarettes that “ruined the health of our citizens.” But once they actually got their hands on the settlement money how much of it was dedicated to anti-smoking or other public health efforts? None. It all went into the general fund.

in the meantime, they have become absolutely dependent on cigarettes as a revenue source and don’t want smoking to go away:



Government per se is no more people-friendly than Capitalism per se.
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Old 11-29-2020, 08:35 AM
  #138  
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Originally Posted by GateAgent007 View Post
Nice Trumpian talking point. Why is Section 230, which solely deals with online content, somehow responsible for Sinclair buying up hundreds of local TV stations?

The NYC streets are not a laboratory for which economic models should play out. So while your survival of the fittest war of the cab companies unfolds, the streets are packed with cabs, causing severe traffic congestion and economic damage.

So open up the broadcast spectrum to competition. We have unused bandwidth for broadcast licenses but the government sees fit to protect the media monopolies by limiting broadcast licenses. Free competition kills monopoly. Section 230 is one part of the media I suppose we can talk about them all but it gets laborious, I am just trying to give examples. I don't think you want a comprehensive discussion as it will point out the weakness of your arguments.
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Old 11-29-2020, 08:38 AM
  #139  
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Originally Posted by Seneca Pilot View Post
Section 230 isn't letting it happen it's protecting them.

Regulation of safety is a completely different argument from limiting numbers and getting kick backs and charging high fees to protect the turf of current owners. You can regulate safety without anti competitive practices. Competitors wouldn't flood the streets with empty cabs as that would be unprofitable. They would however charge more competitive fares and make more cabs available in a city prone to shortages of cabs for transportation.
Back to the original topic. You've won the argument with yourself.

Vaccine = regulating safety
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Old 11-29-2020, 08:40 AM
  #140  
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Originally Posted by JamesNoBrakes View Post
Well sure, they are going to act in their own self interest, but that's like saying rich people only get rich because of the government and having more influence. Most likely a factor, yes. You're trying to explain a characteristic of monopolies and big companies as the sole reason they got that way. You also seem to be advocating that your position holds true for all companies/monopolies. I don't think that holds up in any logical argument.
The anti-competitive behavior is a result of the power of government. Being able to influence regulations and prevent competition through the coercive power of the government is what leads to monopoly prices. That is not consistent with a free market.

Throughout history we can see that monopoly prices are only achievable through the use of government intervention.
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