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Excellent idea! So now you only have two more problems: lobbyists being paid to influence the fines (so that they don’t cause their clients so much harm as to m
by qubex 7y ago
Excellent idea! So now you only have two more problems: lobbyists being paid to influence the fines (so that they don’t cause their clients so much harm as to make their anti-competitive strategies unprofitable); and regulatory capture (where regulatory bodies become beholden to those whom they regulate).
- deleted 7y ago[deleted]
- cmcaine 7y agoThose are already problems with aviation, so that's nothing new. The existing rules didn't emerge from primordial ooze, they were also influenced by lobbyists and have certain effects.
- danem 7y agoThe threat of regulatory capture is present with every regulatory solution.