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I think you might have a slightly off-kilter view of what I mean. Regulation is not inherently good. Large corporations will often work through lobbyists (I don
by kulahan 1y ago
I think you might have a slightly off-kilter view of what I mean. Regulation is not inherently good. Large corporations will often work through lobbyists (I don’t think anyone can deny the incredible access powerful lobbyists have in the US) to enact laws purely to stifle competition. An example of this is major groups like Meta directly requesting regulations on major topics, because when a law is in place, you know exactly how to skirt around it and you find all the loopholes you can.
A short overview with some examples on how the US differs from other regions in this respect: https://www.numberanalytics.com/blog/regulatory-capture-us-law https://www.numberanalytics.com/blog/regulatory-capture-us-l...