The Wall Street Journal reinforces my earlier posts about the threat to innovation posed by premature government intervention into the technology marketplace.
The FTC As a Threat To Tech Innovation

The Wall Street Journal reinforces my earlier posts about the threat to innovation posed by premature government intervention into the technology marketplace.
With the Square-Starbucks joint venture, we are now on the verge of an inflection point for commercial payments. How many more years or decades before currency itself becomes extinct?
People have been talking, and pontificating, about a coming “Internet of Things” since 1999. Now the European Union wants to regulate the IoT even before it is fully gestated and born.
When industries are transformed by disruptive new technologies and business models, the law itself can be in for a game-changing, forced makeover.
One year ago, the Wall Street Journal and other business publications reported that the Federal Trade Commission (FTC) had launched an investigation into “Twitter and the way it deals with the companies building applications and services for its platform.” Let’s hope the FTC’s 2011 Twitter investigation is mothballed in 2012.