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> giving more power to big corporations and adding yet another bureaucratic hoop to jump through for small companies Exactly. Customers need to be safe, but th
by brushfoot 4y ago
> giving more power to big corporations and adding yet another bureaucratic hoop to jump through for small companies
Exactly. Customers need to be safe, but there also need to be paths for the mom-and-pop shops, the equivalents of your local farmer's market or grocery store.
Indiscriminate regulation can crush smaller players. Think of the indive dev accepting donations or the bootstrapped startup founder. Not everyone can get VC funding and hire a team of lawyers to keep up with it.
We need to protect small businesses AND consumers. Revenue thresholds are a good start.