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Regulatory thickets are moats for businesses that know how to use them. And some businesses encourage regulations because it's a financial advantage: e.g. H&RBL
by robocat 2y ago
Regulatory thickets are moats for businesses that know how to use them. And some businesses encourage regulations because it's a financial advantage: e.g. H&RBLOCK. In New Zealand there's large companies that encourage excessive and pointless safety regulations, because they have the teams to work it and small businesses lack resources to fairly compete.