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Show me a corporation that would whole heartedly support regulation of the market they're in.
by mojuba 5y ago
Show me a corporation that would whole heartedly support regulation of the market they're in.
- willcipriano 5y agoFacebook[0]. Regulation could make it more difficult for competitors to get off the ground so they are in support of regulation to that effect. [0]https://about.facebook.com/regulations/ https://about.facebook.com/regulations/
- mojuba 5y agoYou bring one of the most hypocritical pages on the Internet as an example?
- HeckFeck 5y agoCorporations also have the means and the connections to lobby the state, which ensures the regulations are more to their liking. All helping entrench the corporation. The effect is that small competitors are kept out. They can't afford legal departments and legions of developers to match the regulatory requirements. For now, the Internet is relatively unregulated, which allows alternative media and platforms to emerge. This is a good thing, imagine having just YouTube and Facebook forever.
- mojuba 5y ago> Corporations also have the means and the connections to lobby the state, which ensures the regulations are more to their liking. I understand but under proper democracies regulations are something the society should benefit from in the first place.