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"Regulation" is a dirty word because most regulations are written by captured regulators. The last thing you want is new rules that permanently entrench the inc
by AnthonyMouse 2y ago
"Regulation" is a dirty word because most regulations are written by captured regulators. The last thing you want is new rules that permanently entrench the incumbent duopoly while pretending that you can tame Godzilla to keep as a pet if only the right chains are used.
You need rules that restore actual competition. Accept no substitute.
- fsflover 2y ago> "Regulation" is a dirty word > You need rules that restore actual competition What is the difference between the two?
- AnthonyMouse 2y agoRules that restore competition are a specific subset of regulations. Undifferentiated "more regulations" not only don't inherently restore competition, they generally do the opposite by increasing barriers to entry and compliance costs for smaller entities, so asking for regulations without specifying which ones is like saying we should solve a problem by using weapons. It's not saying something specific enough to know whether you should agree with it in a given case and in the absence of more details the heuristic for how to answer that question is no.