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If government is so accountable, why are there only three credit rating agencies? Why does equifax still exist? Government created this oligopoly and won’t let
by abtinf 7y ago
If government is so accountable, why are there only three credit rating agencies? Why does equifax still exist? Government created this oligopoly and won’t let any new players into the market.
- toomuchtodo 7y agoAnyone can start a CRA, there is no legislation or regulation stopping competitors from popping up, although I agree it’s government’s fault there is no legislation to provide a corporate death sentence for egregious data breaches.