[–] deafpolygon 3y ago ↗ He just wants what benefits his company the most. [–] jonplackett 3y ago ↗ Exactly. He wants enough regulation that it strangles his competitors, but not so much that he can’t do whatever he wants. [–] deafpolygon 3y ago ↗ Yes, they have first mover's advantage[0]. But since there's no moat, they seek to limit competition through regulation (regulatory capture).[0] https://en.wikipedia.org/wiki/First-mover_advantage
[–] jonplackett 3y ago ↗ Exactly. He wants enough regulation that it strangles his competitors, but not so much that he can’t do whatever he wants. [–] deafpolygon 3y ago ↗ Yes, they have first mover's advantage[0]. But since there's no moat, they seek to limit competition through regulation (regulatory capture).[0] https://en.wikipedia.org/wiki/First-mover_advantage
[–] deafpolygon 3y ago ↗ Yes, they have first mover's advantage[0]. But since there's no moat, they seek to limit competition through regulation (regulatory capture).[0] https://en.wikipedia.org/wiki/First-mover_advantage
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[ 3.4 ms ] story [ 16.0 ms ] thread[0] https://en.wikipedia.org/wiki/First-mover_advantage