4 ms·
Another factor is increased regulation: Big companies have an advantage that they can afford the lawyers to navigate the laws, often written by them via lobbyis
by RachelF 3y ago
Another factor is increased regulation: Big companies have an advantage that they can afford the lawyers to navigate the laws, often written by them via lobbyists.
- brnaftr361 3y agoThey can also hire the regulators. Companies with first movers advantage build huge moats before industries get regulated, once they do those moats give them de facto primacy in their field. I would actually point at regulation for most of the modern maladies we suffer, typically property rights, particularly IP, if only because we're oriented towards services now.