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by Tyrek 3172 days ago
That doesn't mean that we should avoid all regulation - government action is sometimes the only way forward when dealing with certain situations, especially given the industry's reluctance to self-regulate. Regulatory capture is a concern, but it's something that we should be actively trying to fight, as opposed to avoiding regulation entirely.
1 comments

Yes. It just suggests that regulation is _hard_ to get right, and what might on the face of it look like a good idea might not be.

The people with the money and lawyers and accounts often find away around regulations.