Comment by arthur_sav
1 year ago
We don't need regulation for everything. Let customers vote with their wallet or even start a few lawsuits.
Adding more regulation makes the system slower.
1 year ago
We don't need regulation for everything. Let customers vote with their wallet or even start a few lawsuits.
Adding more regulation makes the system slower.
I'd be in favour of a regulation to allow them to set a spend limit, opt-out.
I'm fine with their pricing structure right now, since you have PLENTY of providers to choose from - people can easily vote with their wallets and there's no problem that needs solving.
However, the unexpected spikes are a problem, and providers seemingly don't provide any way to solve them because they make more money by not solving them. A regulation to require all providers of post-billed services to provide spending limits would make a lot of sense.
Of course, customers should also have the option to opt out of the limit or set a very high limit.
This should apply to any service that's billed by usage calculated afterwards, not just web hosting, and not just technology.
Microsoft is the only cloud provider with a spending limit. One choice is not competition. That's why regulation is needed.
Vercel offers spend limits: https://vercel.com/blog/introducing-spend-management-realtim...
Regulation is needed for lawsuits