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Regulation favors incumbents, and SpaceX and Tesla are the incumbents when it comes to private spaceflight and electric vehicles. Companies call for regulation
by nybble41 4y ago
Regulation favors incumbents, and SpaceX and Tesla are the incumbents when it comes to private spaceflight and electric vehicles. Companies call for regulation on their own industries in order to influence the shapes of those regulations to their own advantage and put up barriers to future competition.