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So have all unsuccessful markets. I think this says more about human power dynamics than the necessity of market regulation.
by jaccola 1y ago
So have all unsuccessful markets. I think this says more about human power dynamics than the necessity of market regulation.
- derriz 1y agoI don’t understand your point - there’s no symmetry there. Regulated venues dominate nearly every sphere of trading in terms of volume. They have done this by being more attractive to buyers and sellers than unregulated venues - i.e. regulated venues have out-competed unregulated venues. In the market for trading venues, regulated venues have won.