Isn't this closer to Fascism?
David uses the term Socialism - and it is redistributive in nature, but isn't this closer to Fascism in that the gov't is collaborating with business to bring these rules about the two become inexorably linked with the government getting more and more control and shaping how the businesses behave vs. having the "free hand" of the market do so. Limiting competition vs. opening these markets. Unfortunately everything that David points out about the power structure of these duopolies or monopolies are true of our broken two party system in which now we have a duopoly of power that can be bought and favors sold.