PaxioPremium
join:2011-02-23
Santa Clara, CA
kudos:1 | Inevitible When you set up a government agency to "regulate" a free market, this is what you get. The largest competitors in the market have the highest motivation to "capture" the agency and turn it into an anti-competitive weapon. This is just a small sample of how the world really works. |
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| said by Paxio:When you set up a government agency to "regulate" a free market, this is what you get. The largest competitors in the market have the highest motivation to "capture" the agency and turn it into an anti-competitive weapon. This is just a small sample of how the world really works.
That is why you have corruption investigations and jail time for those entrusted to regulate the industries not doing their job. Oh wait, this is the US where legalized bribery is encouraged (campaign "contributions") so never mind. Good work, Powell. |
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