Regulatory capture is a thing. Regulators, at least in part, exist to maintain a barrier to entry for any new players trying to enter a field dominated by large players.
Several major tech companies only exist because they broke rules in their early days. And most people agree the outcome was a net benefit to society.
Regulatory capture is a thing. Regulators, at least in part, exist to maintain a barrier to entry for any new players trying to enter a field dominated by large players.
Several major tech companies only exist because they broke rules in their early days. And most people agree the outcome was a net benefit to society.