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Yup, companies want regulation that isn't onerous for them. There's a big problem today in how the public talks about regulation, generally it's a very unsophis
by InclinedPlane 11y ago
Yup, companies want regulation that isn't onerous for them. There's a big problem today in how the public talks about regulation, generally it's a very unsophisticated talk about the amount of regulation. This is like talking about programming in the form of SLOC, it's practically useless. The problem with regulation is making it effective, efficient (in terms of costs incurred by the government and by those being regulated), and not onerous. Unfortunately, in many cases we've missed the mark on all three of those. The result is that regulation sometimes actively drives out competition (because it's streamlined for the megacorps) while not being nearly effective enough to protect those it's intended to protect (consumers, workers, etc.)