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by joshribakoff
12 days ago
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Isn’t there a gray area between unregulated markets and regulated markets? A corrupt regulator could prohibit this for ride share industry only, to target under a pretext. Manipulating market incentives could also reduce competition assuming an end goal is acquisition. Of course with no regulation, corrupt players can consolidate power. I would say unchecked power is more dangerous, so the question to me is if we presume regulation is good then how do we structure it so the regulators are regulated? |
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