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Big companies are the biggest fans of regulation. It raises the bar for entry and keeps those scrappy, pesky startups away.
by nickpp 9y ago
Big companies are the biggest fans of regulation. It raises the bar for entry and keeps those scrappy, pesky startups away.
- wonton2 9y agoRegulations dont have to be so heavy that you require consultants or a legal department. Regulation that protect the broad population from being exploited is neccessary everywhere. Just look at the crypto market compared to the more mature financial market. Issues with corporations manipulating the law makers is a separate problem.
- SlowRobotAhead 9y ago>Regulations dont have to be so heavy that you require consultants or a legal department. Yea, and communism doesn’t have to fail because of greed (human nature), but it does.