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by miohtama 497 days ago
Here

> The main burden falls on SMEs, which experienced an average decline in profits of 8.5 percent. In the IT sector, profits of small firms fell by 12.5 percent on average. Large firms, too, are affected, with profits declining by 7.9 percent on average. Curiously, large firms in the IT sector saw the smallest decline in profits, of “only” 4.6 percent. Specifically, the authors find “no significant impacts on large tech companies, like Facebook, Apple and Google, on either profits or sales,” putting to bed the myth that U.S. technology firms are the enemy of regulation because it hits their bottom lines.

https://datainnovation.org/2022/04/a-new-study-lays-bare-the...

1 comments

That is typically the problem with regulations. It’s usually easier for large companies to comply. It’s called regulatory caption.
> It’s called regulatory caption.

Regulatory Capture, no?

that's right, although that isn't quite the same concept. Regulatory capture implies the large companies have helped draft the regulations to their own advantage (and SME's disadvantage in this case).