4 ms·
The argument isn't 'more' regulations or 'less' regulations, it is the right regulations. The problem is that big companies slowly allow regulations that don't
by jmward01 6mo ago
The argument isn't 'more' regulations or 'less' regulations, it is the right regulations. The problem is that big companies slowly allow regulations that don't hurt them but do block competition by aggressively fighting regulations that help the startup (their competition) or help the consumer in ways that make them less money. It isn't hard to be evil and create regulatory capture. You don't actually have to be active in crafting regulation, just be active in blocking the right regulation. General statements that are 'against regulation' play into big companies making things worse.
- cucumber3732842 6mo agoThese big companies absolutely allow regulations that "hurt" them. Deere doesn't want to deal with farmers who are pissed off that emissions stuff results in a service call at a bad time and can't be overridden, or obnoxious safety stuff that make products less useful outside of their "textbook" application, or something that forces them to expensively certify their product is XYZ or something. Buuuuut, the cost of implementing that stuff hurts the competition way more, so Deere and friends don't really fight it. They're trading absolute market size for stronger control over market share. Less people are going to buy their products at the margin if the products are made worse. But those that do will buy it from them, so more profit.
- pocksuppet 6mo agoThose are load-bearing quotation marks: you're saying the regulation doesn't hurt them, only "hurts" them. If the regulation hurt them, they wouldn't allow it.
- brigandish 6mo agoYou're proposing a binary version of "hurt", they are proposing a spectrum. If a regulation hurts company A but it will survive whereas company B, A's main and essentially only competitor stopping A from a monopoly, will go out of business from that regulation, you know that company A won't fight it.
- pocksuppet 6mo agoThen it doesn't hurt company A. It helps company A. They have more money with the regulation than without.
- brigandish 6mo agoIf I participate in a boxing match can I: a) be hurt b) win Consider whether this is a binary or a multiple choice question (and even whether any choices need be made).