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No, you could always look at cars online, what auto makers didn't like about Tesla was their lack of dealerships. The auto sellers regulatory captured a bunch o
by SQueeeeeL 6y ago
No, you could always look at cars online, what auto makers didn't like about Tesla was their lack of dealerships. The auto sellers regulatory captured a bunch of states decades ago; and now you can't buy cars directly from the manufacturer.
If another electric vehicle player tried to get in the game today, I'm sure Tesla join the lobby against them using the same argument.
- reaperducer 6y agoThe auto sellers regulatory captured a bunch of states decades ago No. It wasn't regulatory capture. It was about competition. The same thing happened in the United States with movie theaters, television production, alcohol distribution, etc... There's a reason that bars aren't owned by breweries anymore. There's a reason that movie theaters aren't owned by the production companies anymore. "Reglatory capture" is a fun HN buzzword, but if you study history, you know why things are done.
- SQueeeeeL 6y agoRegulatory capture is special interest groups in charge of regulating themselves. Of course private movie theaters are the ones who sponsored the bills saying production housing can't own movie theaters, it'd be bad for their business to have to compete and not have access to all movies. Regulatory capture can be sensible and still massively benefit special interests.
- tzs 6y ago> Of course private movie theaters are the ones who sponsored the bills saying production housing can't own movie theaters, it'd be bad for their business to have to compete and not have access to all movies. It was an antitrust lawsuit by the government in 1938 that brought this about, not legislation.
- bpodgursky 6y ago> If another electric vehicle player tried to get in the game today, I'm sure Tesla join the lobby against them using the same argument. I think it's pretty unfair to be "sure" of this. Can you name other instances where Tesla has played regulatory capture games?