> When a big tech company claims a regulation it dislikes would hurt newer players from competing with it, you have to ask... why are they so opposed then? Fir

> When a big tech company claims a regulation it dislikes would hurt newer players from competing with it, you have to ask... why are they so opposed then? First off, I haven't seen big companies making this argument. Can you point us to a high quality source where one does? Secondly, suppose the size of a market is X and BigCo has a 0.9X slice of it. Suppose the cost of complying with new regulation is 0.5X. Now it is impossible for anyone else to compete with BigCo, since there is no way for second place to be profitable in the market. However, BigCo is still worse off. Their revenues are now X, but their profits are now -0.4X compared to what they were before, since they gained 0.1X revenue and lost 0.5X in compliance costs. So, if a BigCo were to make such an argument, that's at least one case where they could deploy it honestly while at the same time having their own best interests at heart.