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The point become regulations are actually a firewall for incumbent. The more regulation you have the up-start is unlikely to enter and complete. Uber brought di
by sremani 10y ago
The point become regulations are actually a firewall for incumbent. The more regulation you have the up-start is unlikely to enter and complete. Uber brought disruption through rough-shodding taxi regulation.
- Spooky23 10y agoThis story illustrates why that isn't true. The Uber story is totally different.
- nickpsecurity 10y agoNot all regulations are the same in nature or effect. The introduction of regulation that introduce restrictions on who can compete has eliminated nearly all competition and most innovation in them. Most areas have 1 or 2 providers that charge high prices for low speed and service. The regulations like net neutrality that eliminate restrictions on what users can do increase innovation in the space.