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In my experience, a free market does not self-regulate in order to gain a competitive advantage. The self-regulation I've seen has been done in order to avoid p
by jacobwilliamroy 7y ago
In my experience, a free market does not self-regulate in order to gain a competitive advantage. The self-regulation I've seen has been done in order to avoid punishment by the state or federal government. The formation of the ESRB, for example, or the manta tourism permitting system on Moku O Keawe.