[bmer]

> The regulator interprets the gap. "Planet-sized gap" means the regulator can choose to be lenient or capricious based on their own preferences. That kind of uncertainty is anathema for modern businesses. (It's also beneficial to those who pay to build relationships with said regulators.)

This is classic anti-regulation BS. I would like to see a regulation which did not have this issue brought up against it. Heck, isn't this the core of the anti-regulation camp? Clearly though, regulations have not destroyed the world...