No matter what the US's capitalist propoganda has told you, regulation is a good thing. Companies will be ruthless, their sole intention is to make money for them and their shareholders. They have no concern for you as long as they still make money. The 'free market' has no ethics. This has been shown time and time again, pharmacy companies based in the US had blood products tainted with AIDS, realised they couldn't sell them in the US at risk of lawsuits, so they sold them to poorer third world countries instead to cut their losses (the result of this was over 1 million people dying). Nestle misled african women that breast milk was inferior to formula milk and then sold them unnecessary formula milk with addictive substances in, women often watered this formula down too much and used dirty water to mix it (and this would have been known by Nestle) and they did this for a quick profit, people died. Businesses, and the free market, are NOT to be trusted.
In the UK we have regulation on our ISPs and businesses to some extent and it works well - we pay extremely cheap prices for home internet and TV and mobile contracts and have fiercely competitive businesses, you don't in the US. I pay £10.90 a month ($17.29) for unlimited LTE, 5000 SMS, 200 minutes. How much does unlimited LTE cost in the US? Hundreds of dollars.
Stop listening to 'free market' propaganda, it is just increasing the inequality in the US.
Click to expand...
