I think it’s the other way around. Those large entities break all the same laws and rules as others and then get to the point where they can influence the creation of a regulatory moat around themselves to prevent competitors from taking the same path as them.
True but lets take examples one by one to see what we can learn : Spotify was doing illegal things until they made a deal to become legal and not to be trialed over what they done. Seems like business deals is what saved them, not regulatory capture (the regulations around IP for music pre existed Spotify)
I guess I sort of understand where this idea comes from, and when I was young I was totally into it, but now being in the corporate world for a decade and having my own small business, I just don't really see it anymore.
Big corps tend to be extremely conscientious of the the law. The law may not be ideal, but they tend to be hyper aware of it and have lawyers to ensure it. Small companies on the other hand are the wild fucking west, and tend to be overflowing with "turn a blind eye to that".
What big corps love is regulation that is expensive for small shops to overcome. They can drop $500k on a product cert no problem, be legally in the clear (and graciously compliant!), while making it near impossible for small guys to compete.
cheschire|1 year ago
ttoinou|1 year ago
Workaccount2|1 year ago
Big corps tend to be extremely conscientious of the the law. The law may not be ideal, but they tend to be hyper aware of it and have lawyers to ensure it. Small companies on the other hand are the wild fucking west, and tend to be overflowing with "turn a blind eye to that".
What big corps love is regulation that is expensive for small shops to overcome. They can drop $500k on a product cert no problem, be legally in the clear (and graciously compliant!), while making it near impossible for small guys to compete.