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by rrc
5516 days ago
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Actually, I wouldn't be surprised if PayPal supported the law. Many regulations protect large, established players by raising the cost of entry for new market participants. PayPal can afford to post this bond, but many bootstrapped start-ups probably can't. This is just one of the ways regulation _can_ increase the price of products and services; they decrease competition, allowing established players to raise prices. |
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