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Exactly. He wants enough regulation that it strangles his competitors, but not so much that he can’t do whatever he wants.
by jonplackett 3y ago
Exactly. He wants enough regulation that it strangles his competitors, but not so much that he can’t do whatever he wants.
- deafpolygon 3y agoYes, they have first mover's advantage[0]. But since there's no moat, they seek to limit competition through regulation (regulatory capture). [0] https://en.wikipedia.org/wiki/First-mover_advantage https://en.wikipedia.org/wiki/First-mover_advantage