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The brands compete on the kinds of cars they want to sell. When it comes to less profitable kinds of vehicles, that's where lobbying and regulatory capture com
by elihu 4y ago
The brands compete on the kinds of cars they want to sell. When it comes to less profitable kinds of vehicles, that's where lobbying and regulatory capture comes in to kill competition. Thus we have the chicken tax, much stricter fuel economy standards for small trucks than big trucks, and the extreme protectionism in the inflation reduction act when it comes to EV tax credits.