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No problem - the local coffee shop is also subject to regulations and needs to pay tax, need to respect hard fought worker laws (at least in most countries) and
by nisa 6y ago
No problem - the local coffee shop is also subject to regulations and needs to pay tax, need to respect hard fought worker laws (at least in most countries) and needs to respect the law.
Now there are some new regulations for bigger entities. What's the problem?
- SllX 6y ago> Now there are some new regulations for bigger entities. What's the problem? "Size" of business is an arbitrary and meritless distinction.
- bonoboTP 6y agoSize matters a lot. https://news.ycombinator.com/item?id=25419085 https://news.ycombinator.com/item?id=25419085 https://news.ycombinator.com/item?id=25432581 https://news.ycombinator.com/item?id=25432581
- SllX 6y agoIs the problem the license plates or the license plate readers? This is not a strong argument for the merits of “size” of business in the context of lawmaking. This demonstrates the privacy defects of what is a law enforcement tool intended for vehicle identification.
- piva00 6y agoArbitrary? Size correlates directly to power, monetary power, platform power. If size was arbitrary and meritless then why there are regulations on antitrust that are basically based on size of market capture? This is a baseless statement...
- SllX 6y agoLet me put it differently, market share does not equal profit share does not equal revenue share does not equal total number of people employed by does not equal share of ownership in a particular store or platform. So what is the measure? Apple owns 100% of the App Store, but they do not recognize 100% of the revenue from the App Store on their financials. An arbitrary number of people like 45M EU citizens choosing to use your service or buy your products or shop in your stores? I don’t see the merits for this distinction. Don’t get me started on antitrust laws.