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So we should just ignore the long list of cases where it has happened, because This Time It Will Be Different?

• matt4077 7y ago
  No, use it when appropriate. Here, it isn’t, because: - this settlement applies to Amazon only, not any competitor. That doesn’t fit the usual mechanism of using regulation to shackle competition - regulatory capture also refers to a social mechanism, where regulators become friends with the industry because they spend so much time together etc. That doesn’t fit too well here, because a state attorney’s office is far more diversified than, say, the FAA. - the points in my initial comment, which you just ignored
  • Mirioron 7y ago
    I apologize, I was talking specifically about this: >This supposed “insight” is on its way to become just another tired meme. On the other hand, people were explicitly talking about regulation, which I took to mean as a wider-reaching thing than just this agreement Amazon made. In this specific case, Amazon is basically acting like the government for the sellers.