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Solveig's post on Google and Microsoft efforts to persuade the government to regulate each other reminds me of a great excerpt from Cnet: In 1970, Milton Friedman, the economist and Nobel laureate, wrote an article for The New York Times that called such offensive lobbying a "suicidal impulse" on the part of businesses. In a follow-up article written during the time of the Microsoft antitrust trial, Friedman warned that technology executives "will rue the day when you called in the government." Now, he said, the industry "will experience a continuous increase in government regulation." Its amusing to see Google and Microsoft vie in both the market and parking lot at the regulator's office. And who would win, not consumers...
posted by Noel Le @ 12:22 AM | Free Culture Movement
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