2 ms·
We should always have several competing licensing bodies. 1 licensing body: never considers the cost of gatekeeping, only the self-benefit. 2 licensing bodies
by jjoonathan 3y ago
We should always have several competing licensing bodies.
1 licensing body: never considers the cost of gatekeeping, only the self-benefit.
2 licensing bodies: they are forced to weigh the cost of gatekeeping against the self-benefit, but you might get a race to the bottom.
3 licensing bodies: they are forced to weigh the cost of gatekeeping against the self-benefit, and if they race to the bottom too hard we can decertify one and retain competition until we can bud off a replacement.