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by macspoofing
2104 days ago
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>Platforms need to be regulated No. God no. Regulation has its place. But regulation is also a slooow bureaucratic process. Regulators have no incentive to change with market conditions and in a fast moving industry will be a hindrance in no time. They also increase the cost of development benefiting the big guys that can afford an army of HR, Regulatory and Legal people to handle compliance. |
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Today you don't need an army of legal people to deal with existing anticompetitive regulations if you're not a behemoth yourself. To argue that regulation designed to protect from monopolists will actually help those monopolists by its mere existence is ridiculous.