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I think the problem is when the regulatory body forms an unhealthy relationship with the companies that end up becoming monopolies (regulatory capture, good old
by sirkneeland 11y ago
I think the problem is when the regulatory body forms an unhealthy relationship with the companies that end up becoming monopolies (regulatory capture, good old fashioned corruption, revolving doors between the two, erc) and discourage new entrants.
It's a balance. It's hard.
- TuringTest 11y agoYeah, but then people should not be disregarding regulation, they should be asking for the right kind.
- RUG3Y 11y agoColor me cynical, but asking for the kind of regulation we want rarely seems to have any effect.
- TuringTest 11y agoBecause you are not a multinational corporation.