2 ms·
> If the established players promote regulation which make it harder for new entrants to gain a foothold, that's cartel-like behavior and it hurts consumers. I
by varjag 9y ago
> If the established players promote regulation which make it harder for new entrants to gain a foothold, that's cartel-like behavior and it hurts consumers.
It's called level playing field and it's not catered to multinationals in particular. There is no shortage of independent car rentals and hotels around the world. In fact am writing this from a non-chain beach condo and there's a mom&pops car rental maybe 250 meters away. Somehow they are able to comply to a few simple regulations, it is a bit dramatic to paint comparatively huge centralized corporations as victims of oligopolies here.