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The logical conclusion of this argument would mean that that seat-belt requirements, air bag requirements, crash testing, etc. are regulatory capture meant to i
by eesmith 4y ago
The logical conclusion of this argument would mean that that seat-belt requirements, air bag requirements, crash testing, etc. are regulatory capture meant to impede new competition.
Assuming that's true, these requirements exist in (I think) every country which makes automobiles. And even countries with no domestic automobile production.
Why single out American oligopolies?