9 ms·
Regulations are introduced when neither side of the contract desires the change but still the government wants to interfere.
by gavaw 3y ago
Regulations are introduced when neither side of the contract desires the change but still the government wants to interfere.
- samrus 3y agoI believe regulations are needed when it would beneficial for all providers to collude and form a cartel, which destroys the competition neccesary for innovation