| The problem is any regulation is that it increases the startup costs for smaller businesses. So as more regulation comes in it will just end up cementing the large players in place as they can absorb the costs of any regulation, while smaller businesses will have higher startup costs (which lets face it were next to nothing). So while you maybe rejoicing now that shitty companies have gone for now, regulation will just make it harder for these massive companies to be toppled as it makes it harder for smaller companies to comply. The EU are trying to have article 13 pushed through and any site that has user generated content will have to have some sort of upload filter to check for copyrighted content. That is going to cost money to implement and since Youtube hasn't really be able to achieve it, the only people that will be supplying the software will be the likes of Google, Microsoft etc ... So again it will just make it harder to the small business and help the large businesses. Also a lot of these regulations make are making the web a shittier place. Every time I go onto a site now, I have the stupid cookie and GDPR notice plaster in front of what I want to look at. I already protect myself and don't care about their attempt to track me. It is just an irritation that nobody pays attention to and it achieves the opposite of what it was intended to achieve. |
Self regulating markets are a myth, just look at the US insurance and health industries if you want a proof.
That's also why in healthy countries you get a lot of free passes when you start a business: lower tax rate for a few years, 0% loans, advisors paid by the state, &c.
> regulation will just make it harder for these massive companies to be toppled as it makes it harder for smaller companies to comply.
Why did no one topple apple, amazon or google in the last 25 years? If anything the lack of regulations when they started allowed them to become the de facto monopolies we all know today.