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> In my opinion, instead of focusing on regulation to hamper outside competition The word that you are looking for is "unfair", not "outside". It's not like Eu
by zAy0LfpBZLC8mAC 8y ago
> In my opinion, instead of focusing on regulation to hamper outside competition
The word that you are looking for is "unfair", not "outside". It's not like European companies don't have to follow that same regulation.
> the better option would be to spend more on funding innovation/growth efforts for local companies and startups so that they can better compete solely based on the merits of the technology or service itself.
WTF?
So, some company is externalizing the costs of their abusive behaviour on the public to gain a competetive advantage. The government puts regulation in place to make sure such unfair practices don't work anymore, so companies have to compete on the basis of the merit of their technology or service instead. And your suggestion is that they should instead pay subsidies to local companies only, because what they are doing is unfair to foreign companies?
Seriously, what am I missing that that makes any sense at all?