Tuesday, March 27, 2007

Hippocratic Regulation


From the news wires today -

"Before we jump in to regulate competition on the market it is worth asking whether competition is actually harmed," the Commission's director general for competition, Philip Lowe, said at an antitrust conference in Munich, Germany. "Is there not vigorous competition between different bundles of mp3 players and music libraries?," said Lowe, the second-highest competition official in the EU.

For the past couple of years the EU has been trying to force Apple to open iTunes so that its' music could be played on all MP3 players. But this is the first time I have heard an EU official ask the basic question. Wouldn't it be good if more officials in government got down to these kinds of basics?

The great Greek doctor once said “Spontaneous lassitude indicates disease.” - in the case of bureaucracies the opposite is probably true.

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