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Who's growing is the more important question. Regulation benefits the already big.
by deltron3030 9y ago
Who's growing is the more important question. Regulation benefits the already big.
- fnord123 9y agoSome regulation is bad, but there are plenty of good examples. Regulation on the standards like GSM and use of SIM cards helped new entrants into the European markets. Net Neutrality, standardized electrical systems, etc have benefited everyone large and small. And of course, anti-trust regulations in the EU has not benefited Microsoft or Google.
- davidw 9y ago> standardized electrical systems Except for the damn plugs!
- anigbrowl 9y agoThat's truism that I don't think is accurate. You're assuming all regulation is complex and that this can directly drive administrative costs in linear fashion.
- smt88 9y ago> Regulation benefits the already big "Regulation" isn't guaranteed to do anything. Some regulations benefit already-big, some harm them. Some have no effect at all. Lack of regulation is guaranteed to benefit already-big, though. Unchecked corporations become oligopolies or monopolies. Free markets (meaning free movement, not free of regulation) and consumer protection are impossible without regulations, though.
- deltron3030 9y ago>Lack of regulation is guaranteed to benefit already-big, though. Not neccessarly, it depends on how educated market participants are. Shouldn't a world that becomes more and more informed, connected and educated not become less regulated? >Unchecked corporations become oligopolies or monopolies. But not forever, less regulation also means more opportunity for competitors. And educated customers would be aware of the situation and just ignore the monopolies if they can buy somewhere else.
- deleted 9y ago[deleted]
- abvdasker 9y ago> Regulation benefits the already big That generalization is pretty obviously wrong. The vast body of antitrust regulation is designed precisely to hurt the "already big". Regulations around net neutrality would also fall into the category of helping the little guy far more than a big player. Regulation certainly can hamper smaller businesses, but it really depends on how the regulation is designed.