I saw this and went uh-oh. Bannon wants to regulate companies like Google and Facebook. Maybe not completely but a part of them. Regulation in small steps eats away at freedoms just as much as one big regulation. And it’s more insidious because we don’t notice it, or we agree that this small step is worth it or is justified or, even worse, is no big deal. I’m all for reasonable regulation of monopolies or shared monopolies, like mobile service providers in Canada, although we still pay one of the highest rates in the world. But the last time I looked, Google and Facebook weren’t charging their users, at least for all the so called essential services.
And that in itself is funny. The article states “Bannon reportedly stated that companies such as Google and Facebook have become so essential to the internet and to the everyday life of many U.S. citizens that they should be regulated as a natural monopoly.” Are Google and Facebook really essential? For that matter, is the Internet?
So let me get this straight. What he’s proposing is that Google and Facebook are essential, but unsaid, for example, is that universal medical care is not? Strange priorities.