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If this is true, why do corporations lobby against regulation? Either they want more regulations to build this "moat", or they don't. If both outcomes result in
by Lendal 2y ago
If this is true, why do corporations lobby against regulation? Either they want more regulations to build this "moat", or they don't. If both outcomes result in a win for them, (deregulation vs moat-building by greater regulation) why spend money on lobbying?
- graemep 2y agoI think two things happen: 1. They say they are opposed to regulations publicly, but indicate they will "compromise" privately. 2. They lobby against some regulations and against others. Here is an example of a business openly asking for more regulation: https://www.bbc.com/news/technology-51518773 https://www.bbc.com/news/technology-51518773 I actually agree with some of his arguments, but I do not think his motives are exactly pure.