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I'm not sure about all the regulations being for good reason. Some do exist to protect existing players, like taxi medallions. And some, are perhaps outdated in
by chrisco255 6y ago
I'm not sure about all the regulations being for good reason. Some do exist to protect existing players, like taxi medallions. And some, are perhaps outdated in the name of "protecting the consumer" when online reviews and reputation systems tend to achieve similar results with little oversight.
- untog 6y agoThere’s a difference between “regulation is a good reason” and “the regulations that were created are good”. Taxi medallions is a good example: NYC streets were flooded with taxis and it was slowing down traffic. And there weren’t enough passengers for drivers to make a living. So limiting the numbers did make sense. But the way it was implemented was far from perfect.