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Just chiming in as a lawyer who works for a fairly big corporation. You're imagining a scenario where one set of clearly written and fairly interpreted rules a
by johndhi 4y ago
Just chiming in as a lawyer who works for a fairly big corporation.
You're imagining a scenario where one set of clearly written and fairly interpreted rules applies to your core business. You're excluding scenarios where there are fifty states and two hundred countries wildly swinging back and forth from idiotic legislation drafted to apply to three companies (Google, Facebook, Amazon) that is impossible to apply to everyone else.
Imo the situation I describe is worthy of belly aching. I don't work in finance so I guess theoretically the US banking system could be easier to comply with than everything else - but I definitely disagree that everything else is easy to comply with.
- Clent 4y agoSounds like running a multinational corporation has some overhead. The idea that we shouldn't regulated because it's too hard, is the same rationale for suppressing wages, costs money. For a corporation, too hard === costs money. No corporation is entitled to exist.