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Market incumbents quite often welcome the new regulation. It helps them to avoid competition by creating entry barriers.
by tasubotadas 5y ago
Market incumbents quite often welcome the new regulation. It helps them to avoid competition by creating entry barriers.
- pjmorris 5y agoOK, here's an even older instance of the same thing, probably not advocated for by the industry incumbents... 229 If a builder builds a house for someone, and does not construct it properly, and the house which he built falls in and kills its owner, then that builder shall be put to death. - Code of Hammurabi, ~ 1700 BC [0] [0] https://avalon.law.yale.edu/ancient/hamframe.asp https://avalon.law.yale.edu/ancient/hamframe.asp