3 ms·
I like the way you think. Unfortunately, they have a certain leverage in this space. I'm not sure that getting the market to act in a unified manner is a viab
by dhimes 16y ago
I like the way you think. Unfortunately, they have a certain leverage in this space. I'm not sure that getting the market to act in a unified manner is a viable long term strategies against this class of problems in the long term. I'm speaking speculatively, of course, because this is kind of new and it's a bit early to bring in the gov, but regulations have their place. That's how we act in a unified manner not as a market, but as a supplier of their platform.
In their mind, they supply a platform which allows businesses like mine to run. In my mind, I (we) supply the platform (the country and infrastructure) that allows their business to run. That means I get a say in how they conduct business, and I'm not opposed to using it (gov't intervention) if I need to, in principle.
But I agree with your point that it is a longer battle to work through the government (and often by the time you are getting the regulation you are looking for the key players have written so many loopholes it's pathetic).