Well-crafted regulation is constructive, in that it expresses the social problem and provides guidance on the expected behavior. That can shape investment and a

Well-crafted regulation is constructive, in that it expresses the social problem and provides guidance on the expected behavior. That can shape investment and allow companies to make long-term decisions. Piracy can have many reasons behind it, including just not wanting to pay for things in general. And it’s easy for companies to dismiss as just an expense to manage, like shoplifting (“loss”) in the retail channel.