3 ms·
I wonder if this, overall, is a good thing or at least, given the political climate, can be seen as positive. There's probably a name for this type of regulator
by harmmonica 2y ago
I wonder if this, overall, is a good thing or at least, given the political climate, can be seen as positive. There's probably a name for this type of regulatory weaponization against companies that don't fit your jurisdiction's political agenda (is it the inverse of regulatory capture?). Hard to write that last sentence and connect it to being a "good thing," but if the likes of Texas proactively regulate big tech, and then the likes of California proactively regulate, for instance, the fossil fuel industry (which I'm guessing Texans would say CA has been doing since the beginning of time) then does the broader population benefit overall because all corporations are somewhat being held in check?
Short of there being some objectively true regulatory regime at the federal level (think that's impossible) then this maybe is the only way to have productive regulation.
I'm not selling myself on any of this as I write it, but thought I'd throw it out there.