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And that's why it's good to have competition and good to have multiple powers regulating each other.
by kuschku 5y ago
And that's why it's good to have competition and good to have multiple powers regulating each other.
- CountSessine 5y agoYes I think the same thing. “Regulatory competition”? Maybe the only truly effective antidote to regulatory capture.
- toxik 5y agoThe market tends towards monopolies. That is why you have the FTC, SEC, etc. So regulatory competition would lead to regulatory monopoly, unless you introduce meta regulators and the cycle begins anew.