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This doesn’t make logical sense - there’s no need to find loopholes if regulation is reduced.
by jahewson 1y ago
This doesn’t make logical sense - there’s no need to find loopholes if regulation is reduced.
- coldtea 1y agoLoopholes are "holes" and blind-spots in the law. A reduction in regulation involves opening more of those. It's not about making something totally unregulated (in which case there wouldn't be a need for loopholes, as any bad practice would be fine). More about reducing the more targeted and detailed parts of regulations that prevent loopholes and keeping the "core laws" - that then have gaping holes and blind spots.