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Re:Mark Zuckerberg: The Internet needs new rules. Let’s star... by MagicPropmaker on Saturday March 30, 2019 @05:17PM (#19531919)
This is exactly it, and happens in every other industry.

The big players will push for regulations, licencing, and standard, ensuring that their next competitor can't come from a few smart people tinkering in their garage or their dorm room.

A good example is the toy industry, where requirements for chemical and safety tests which cost tens of thousands of dollars per SKU, keep mom and pop shops making wooden toys from their garage. (Well, they do anyway, but can be stopped at any time if they get too big.)

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