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Introduction of new regulations is a common strategy to favor old players against newcomers for two reasons: newcomers are less informed about future regulation
by reacweb 9y ago
Introduction of new regulations is a common strategy to favor old players against newcomers for two reasons: newcomers are less informed about future regulation changes and often have less R&D and budget to evolve quickly. Politics are happy because old players will give them money to pass these regulations and it is easy to pretend that they are good for the people.
- patentatt 9y agoExactly! This is a ploy by them sneaky liberals of the democrat party to pay back their wealthy donors in the fossil fuel industry and shield incumbent carmakers like GM and Ford from the existential threat that is Tesla. It’s genius!
- dexterdog 9y agoI can't believe I had to scroll down this far to find this kind of sensibility on HN.