sakinago
Gold Member
- Sep 13, 2012
- 5,320
- 1,632
- 280
One of my conservative friends were talking about restaurant regulations. He made a point that the rise in Food Trucks were a result of people not being able to afford restaurants because of things like upgrading stoves, gas lines, etc. For example: McDonald's could go to politicians and tell them a new fire safety system is best and should be required. McDonald's can afford this new system when the local breakfast joint cant and creates a financial hardship.
I can agree with situations like that.
I do too, this is not just limited to just the restaurant industry. Any major player in industry will lobby the government for more regulation even when it hurts them, BC in the long run they will stamp out new competition that cannot afford to do so, and make even more money, and have even more control of the market and pricing. Your example is a great illustration of that.
America actually has pretty much the worst internet service in the developed world, we're at least a decade behind. Why? The major players in communication and broadband got together lobbied the government, and made it impossible for any competition to effectively compete. You don't need a monopoly to gain the same benefits as a monopoly. And now we're stuck with really poor internet, and there's nothing to do about since we only have a few options that don't have to compete for our consumership.