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>it doesn't hurt them either. Sorta true, but if you are in an industry with a low entry cost (hypothetical example) dairy farming, and you have a large herd a
by armenarmen 9y ago
>it doesn't hurt them either.
Sorta true, but if you are in an industry with a low entry cost (hypothetical example) dairy farming, and you have a large herd and facilities. Another smaller dairy farmer comes into the market. You see that they are taking some of your business. So you call your friend Mr. Mayor and voice your concerns about how $expensive_compliance_regualtiob is necessary to "protect consumers" and a law gets passed. Your competitors cannot to afford the afore mentioned new process and are as such drive. Out of business.
So, are big companies hurt by free trade? No, it's how most get started. But once in power, they will lobby to make sure they maintain it