Free Market Capitalism works perfectly everywhere except where it comes in contact with government.
Actually pure unmanaged free market capitalism doesn’t work. It drifts toward becoming abusive to its customers and workers. It has a tendency toward monopoly. That’s why there has to be oversight. Has big tech reached this point? I don’t know if it has. Is this legislation a good idea? I’m not convinced on that either. But pure unfettered capitalism is a really bad idea.
The issue here is the people who wrote this law has no clue about the industry. How is letting Chinese owned companies like Epic pay nothing to American companies like Apple for using their App Store but it’s ok for them to make profit with their own store?
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do they think we are all stupid?