3 ms·
There's a pretty simple economic explanation I think. Large companies actually benefit from regulation. It mires small and agile competitors in legal paperwork
by phendrenad2 5y ago
There's a pretty simple economic explanation I think. Large companies actually benefit from regulation. It mires small and agile competitors in legal paperwork and red tape, giving your slow behemoth bureaucracy time to react, perhaps crushing them or acquiring them. Imagine if Myspace had the benefit of GDPR and CCPA regulations, Mark Zuckerberg may have given up on Facebook while coding his first cookie consent form.