4 ms·
(First of all, satellite in no-way can compete with copper. That's lunacy, and not even remotely comparable.) But to answer your question, the regulatory envir
by an_d_rew 9y ago
(First of all, satellite in no-way can compete with copper. That's lunacy, and not even remotely comparable.)
But to answer your question, the regulatory environment helps ensure the desired outcome.
I mean, why have building codes? If enough buildings go up in flames or crumble down killing everyone inside, then maybe we could look into regulating the building industry.
Why have food safety standards? Nobody really dies that much these days from food-related illness, so shouldn't we get rid of all that pesky regulation?
But more to the point, just because they seem to be going where you want today, what has that got to do with where they will go tomorrow?
- RA_Fisher 9y agoFrom my view wealth is the primary mechanism these really great changes are delivered. I used to work in electricity regulation on the side of consumers. I watched the utilities use the regulatory process to bilk customers. The regulatory process sets the stage for rent seeking. The companies out match the state over and over.