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by aantix
3006 days ago
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>allow a wider range of people to be successful But what does "successful" mean in practice? E.g. If there are 100 software security companies, 50% of those are below average in performance (and will probably get chosen less). Do we no longer choose let the consumers choose? All of these software companies should now receive a percentage of business, regardless of performance/trust/expertise? Or should the top performing companies be disallowed the following year to market or do sales in order to give the underperforming companies a chance to catch up? What is "sensible" and who decides? |
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What is no fine, is having some companies be exceptionally successful by breaking some rules. Think insider trading, it's a highly profitable business for those risking it, but has a long term negative impact on the market. Therefore we, as a society, via our proxy, the government, decided to enforce rules forbidding insider trading.
The above answers who. This leaves the question of sensibility, I am afraid there will hardly every be consensus on what is sensible or not within a diverse enough group of people. If you'd ask a bunch of investment bankers about sensible rules for banking regulation, I'd assume you'd get quite a different answer than by asking a bunch of consumer rights activists. Our current solution to this problem of finally arriving at a single "sensible" rule is the democratic process / parliament. I guess most would agree this process seems to be sub-optimal, but it seems there are not too many other options on the table.