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I don't think you're overlooking anything, that sounds eminently reasonable. New companies with new ideas can get their first projects off the ground cheaply.
by jstanley 8y ago
I don't think you're overlooking anything, that sounds eminently reasonable.
New companies with new ideas can get their first projects off the ground cheaply. As they become established and do more projects, they abide by the rules. There's only a small number of "rule-breaking" projects, and plenty of scope for innovation.
Where's the problem?
- dsr_ 8y agoLet's start a new LLC for every launch. After all, launches are expensive, and LLCs are cheap. FCC will only penalize us a little because it's always the first launch. A little later: the FCC said we couldn't do that with LLCs that we own or are directed by people who work for us, so let's hire a series of unconnected LLCs, one per launch. We'll have to pay a bit more, but it's always the first launch. We just sell them satellites and connect them with buyers. A little later: oops, Ajit Pai is doing community service for the rest of his life. Let's find a new loophole.
- marcosdumay 8y agoThe problem is when the harmful consequences of that innovation that hits society is much larger than the value of the innovation. A second, slightly less important problem is that this turns markets into government-sponsored winner takes all, even when the market conditions aren't pushing for that.