Re:How the U.S. got into an infant formula mess
by sharemywin on Friday May 20, 2022 @08:17AM
(#31446295)
To me less government regulation would reward larger factories which is what got is into this mess in the first place. Concentration of manufacturing. Most of the federal regulations I know of are around employee safety and excessive labor exploitations, safer environmental practices, or consumer safety. And I'm not sure I've seen where less regulation has had a good track record on this things.
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Re:How the U.S. got into an infant formula mess
by chiefalchemist on Saturday May 21, 2022 @10:22PM
(#31464330)
Let's not talk about less or more. Let's just focus - for now - on who and what is. The point is, we are where we are. What got us there?
That is, it's not a matter of less regulation or more. It's a matter of we have some form of regulation and that favors some and not the other. That's not a judgement. It's a statement of fact.
The point being, too often we assume legislation / policy is neutral / agnoagnostic. That's a false assumption.
In short...whether less or more, legislation / policy is a thumb on the scale for someone, somewhere, somehow.
Re:How the U.S. got into an infant formula mess
by Jtype on Friday May 20, 2022 @10:02AM
(#31447522)
The larger factories existed within the currently high government regulation, so assuming larger factories would result from less regulation isn't in evidence.
Re:How the U.S. got into an infant formula mess
by sharemywin on Friday May 20, 2022 @03:12PM
(#31451382)
"so assuming larger factories would result from less regulation isn't in evidence."
there's no evidence that less regulation will make markets more competitive either. but, economy of scale is a pretty well know market phenomenon.
but, I'm going to look into your argument. Is government regulation a major contributing factor to market consolidation.