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Huh? Regulatory capture (i.e., capture by whatever's being regulated) and cutting back regulations both have the same effect: weaker regulation.
by mirimir 8y ago
Huh?
Regulatory capture (i.e., capture by whatever's being regulated) and cutting back regulations both have the same effect: weaker regulation.
- chris_t 8y agoSadly it is often not so simple. Complex regulations can advantage large incumbent firms by making it harder for newer entrants to their markets.