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Don't Big Businesses and Corporations have a vested interest in having onerous business regulations themselves?

Corporate Law Discussions

Don't Big Businesses and Corporations have a vested interest in having onerous business regulations themselves?

Postby anson34 » Thu Jul 05, 2012 8:31 am

Think about it: Those giant companies don't want competition. They don't want some upstart to threaten their dominance.

Why wouldn't they support more and more restrictions on business?

The mom-and-pop stores, which are unwanted competition to them, those small businesses can't meet all the regulations and shutter down.

However, the Big Businesses have tremendous wealth and can meet these new regulations as a small price to pay to shut out potential little rivals showing up.


Kind of like why Phillip Morris supported regulations on tobacco companies a few years back... they knew they were the only ones who had the resources to follow a new law..
anson34
 
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Don't Big Businesses and Corporations have a vested interest in having onerous business regulations themselves?

Postby francisco » Thu Jul 05, 2012 8:36 am

Yes.

There's a long history of corporations teaming up with government to institute onerous regulations designed to hamstring their competition.
francisco
 
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Don't Big Businesses and Corporations have a vested interest in having onerous business regulations themselves?

Postby lintun » Thu Jul 05, 2012 8:43 am

ya they have an interest in regulating AND deregulating to suit their interests

any ideas how to solve the problem? Get corporate money out of politics and government but repubtards think that's a front to freedom of speech lol what a joke
lintun
 
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