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There is an argument that companies in mature sectors (like automobiles) advocate for increased regulation as a moat to keep competitors out since building a me
by AdamN 4y ago
There is an argument that companies in mature sectors (like automobiles) advocate for increased regulation as a moat to keep competitors out since building a mechanism to comply is extremely expensive for new entrants.
- sofixa 4y agoThat would be a shallow argument. Manufacturing cars, at scale, is a very complex problem that even manufacturers that have jumped over the "moat" in getting a vehicle approved by regulators like Tesla struggle a lot with. Also, car safety and pollution regulations are extremely important given the prevalence of cars so it's not like it's useless regulations just for the sake of it.
- roguas 4y agoWell, yeah but your definition is also kinda recursive "mature" sector is a regulated sector. Well restaurant schtick to me is way more mature if we stick to original vibe. The thing is most regulation is happening where people actually get hurt. Hey, I am not super pro regulation person, but in comment above, I just tried to disprove something that seemed false. I am not going steelman pro-regulation arguments any more :)