top | item 44649766 (no title) zild3d | 7 months ago > What do you expect from an unregulated capitalistic system.Competition, fortunately discuss order hn newest xela79|7 months ago > Competition, fortunatelyso there's no competition when there are no rules and regulations... ? interesting.all those sports without rules or regulations, like american football where anything goes. zild3d|7 months ago huh? I'm saying adding rules and regulations reduces competition yes, by definition it adds barriers to entry. We can argue how high those barriers ought to be.Highly regulated industries: healthcare, banking, aviationLess regulated industries: web software, e-commerce, entertainmentIt is easier for startups to get started in the latter, harder in the former.
xela79|7 months ago > Competition, fortunatelyso there's no competition when there are no rules and regulations... ? interesting.all those sports without rules or regulations, like american football where anything goes. zild3d|7 months ago huh? I'm saying adding rules and regulations reduces competition yes, by definition it adds barriers to entry. We can argue how high those barriers ought to be.Highly regulated industries: healthcare, banking, aviationLess regulated industries: web software, e-commerce, entertainmentIt is easier for startups to get started in the latter, harder in the former.
zild3d|7 months ago huh? I'm saying adding rules and regulations reduces competition yes, by definition it adds barriers to entry. We can argue how high those barriers ought to be.Highly regulated industries: healthcare, banking, aviationLess regulated industries: web software, e-commerce, entertainmentIt is easier for startups to get started in the latter, harder in the former.
xela79|7 months ago
so there's no competition when there are no rules and regulations... ? interesting.
all those sports without rules or regulations, like american football where anything goes.
zild3d|7 months ago
Highly regulated industries: healthcare, banking, aviation
Less regulated industries: web software, e-commerce, entertainment
It is easier for startups to get started in the latter, harder in the former.