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Funny ideas. But seriously, large companies employ regulatory capture to limit competition all the time. One mechanism is to require a high compliance burden
by testfoobar 4y ago
Funny ideas. But seriously, large companies employ regulatory capture to limit competition all the time. One mechanism is to require a high compliance burden before a product or service can be brought to market. This increases capital requirements and risk for any competitor.
- nerdo 4y agoCorrect. It's not enough to block access to the financial system and Internet hosting and routing services for competitors. The users themselves must be made to understand their place and not be tempted into any unlicensed activity. The current regime's not going anywhere so no rush, but no better time than now right.