3 ms·

Most companies have two strategies when it comes to regulation: 1. Fight any regulation. 2. Fight good regulations.

• cobrausn 15y ago
  3. Infiltrate regulatory agency. It's sad, but members of an industry are usually the most qualified people to be in a regulatory agency for that industry. Their expertise makes them good for the job, but the conflict of interest is easy to see. The solution is not.
  • cpeterso 15y ago
    4. Lobby for self-serving, anti-competitive regulations.
    • lancewiggs 15y ago
      and the saddest thing of all is that this four step plan has worked so effectively for US corporations.