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Facebook and Google have been quite successful in defending their respective market shares. Regulation, if it lowers the value of the market by, for example, ma
by shaki-dora 9y ago
Facebook and Google have been quite successful in defending their respective market shares. Regulation, if it lowers the value of the market by, for example, making shady political ads less lucrative, would seem to be more threatening to them, currently.
That’s not to mention that regulators tend to be more cognizant of regulatory capture and their effects on the market than people give them credit for. That’s why you see revenue or other cutoffs in many regulations.