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> This aspect feels like the problem in the US of big business battling for deregulation which... isn’t always so great. Big businesses actually battle for nar
by mlindner 6y ago
> This aspect feels like the problem in the US of big business battling for deregulation which... isn’t always so great.
Big businesses actually battle for narrow carveouts of existing regulations along with the addition of more regulations that are easy for them to handle but hard for newer entrants to handle. Big businesses actually like regulations as long as they're carefully crafted to already match whatever outdated practices they're already following, to hamper competition. Most of this has already happened in the past which is why we have companies like Boeing now who cannot innovate anymore.