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by AnthonyMouse 2289 days ago
> And big companies take advantage of their position as the only ones who can navigate such a system to justify their sky high prices, and then they lobby to maintain that position.

This is something most people don't comprehend. People tend to think that it's the government putting in place these regulations and the companies are against them, but more often than not the regulations exist at the behest of the incumbents to constrain competition.

2 comments

It's hard to climb up, but it's harder to stay at the top, so they put barriers behind once they have reached high enough.
In a sense, it's the government. It's just that, thanks to massive donations, committee stuffing and other shenanigans, they got to write the regulations themselves.