How does a legal battle impact the road to innovation thing...
In response to problogger, i have heard that among various reasons the deal is called off...one is that the regulators wanted Google to reveal more than they wanted to about the technology/business and future plans of the company.
Disappointed in Google Posted by Lew Rockwell at January 24, 2009 07:18 AM Writes Chad Odhner:
So Google, after heavily backing Obama, is stepping up its lobby push. I think one of the saddest casualties of the state is the innovative spirit. It is really depressing to watch market revolutionaries like Google--who achieved its glory through true service to the neighbors--deformed into mobsters and power brokers by the state. I think of the following Mises quotes:
"The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity."
"The development of capitalism consists in everyone having the right to serve the consumer better and/or more cheaply."
With Google's disgraceful push for so-called Net-Neutrality they are not only attempting to block competitors but to externalize massive operation costs onto the consumer by preventing telecom companies from charging Google for the bandwidth it uses. If they can successfully push this policy through, what's a couple million in tribute to Obama?
The state truly reverses the order of liberty: no longer is it innovation, perception, hard work and diligent service that are rewarded, but rather loyalty to those in power and nothing else.
Bill, I don't know where you've been, but allowing ISPs to slow traffic to certain sites, regardless of how big or small those sites are, is dangerous. Users should be able to freely access whatever information they want to, and if many people access Google's site, Google should only have to pay for its own bandwidth, not extra charges imposed by ISPs (or, at least, have connection to its site slowed). In the end, it will hurt the users if ISPs can selectively slow or block certain sites.
What was the main reason for canceling the agreement?
ReplyDeleteHow does a legal battle impact the road to innovation thing...
ReplyDeleteIn response to problogger, i have heard that among various reasons the deal is called off...one is that the regulators wanted Google to reveal more than they wanted to about the technology/business and future plans of the company.
Do shed a light on this.
Thanks
A
January 24, 2009
ReplyDeleteDisappointed in Google
Posted by Lew Rockwell at January 24, 2009 07:18 AM
Writes Chad Odhner:
So Google, after heavily backing Obama, is stepping up its lobby push.
I think one of the saddest casualties of the state is the innovative spirit. It is really depressing to watch market revolutionaries like Google--who achieved its glory through true service to the neighbors--deformed into mobsters and power brokers by the state. I think of the following Mises quotes:
"The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity."
"The development of capitalism consists in everyone having the right to serve the consumer better and/or more cheaply."
With Google's disgraceful push for so-called Net-Neutrality they are not only attempting to block competitors but to externalize massive operation costs onto the consumer by preventing telecom companies from charging Google for the bandwidth it uses. If they can successfully push this policy through, what's a couple million in tribute to Obama?
The state truly reverses the order of liberty: no longer is it innovation, perception, hard work and diligent service that are rewarded, but rather loyalty to those in power and nothing else.
Bill, I don't know where you've been, but allowing ISPs to slow traffic to certain sites, regardless of how big or small those sites are, is dangerous. Users should be able to freely access whatever information they want to, and if many people access Google's site, Google should only have to pay for its own bandwidth, not extra charges imposed by ISPs (or, at least, have connection to its site slowed). In the end, it will hurt the users if ISPs can selectively slow or block certain sites.
ReplyDelete