Re:Stephen King to shut down his 3 radio stations in Maine
by SideQuark on Wednesday December 04, 2024 @03:31PM
(#42321730)
> Regulation is good, regulation is bad.
That's vastly too simplistic. There's not some simple good versus evil linear axis for nearly anything, including regulation. Regulation provides tradeoffs, and even those are likely never simply two sided.
> Changes in regulation historically has probably generally served to entrench big business
Yes, that's what I wrote, and for the reasons I wrote it. To rephrase: regulation often means companies must comply with new rules, and keeping track of those changes and complying costs money (=time). Such things ten to have a fixed cost and an amortized cost. Big businesses can spread the fixed cost over more revenue.
So it almost matters not at all what the regulation is - if there's a rule that needs followed, whether it's employee benefits, waste management, financial tracking, OSHA, EPA, IRS, or anything - each adds costs to every business.
And most of them are easier to deal with on a per revenue basis as revenue increases.
That's vastly too simplistic. There's not some simple good versus evil linear axis for nearly anything, including regulation. Regulation provides tradeoffs, and even those are likely never simply two sided.
> Changes in regulation historically has probably generally served to entrench big business
Yes, that's what I wrote, and for the reasons I wrote it. To rephrase: regulation often means companies must comply with new rules, and keeping track of those changes and complying costs money (=time). Such things ten to have a fixed cost and an amortized cost. Big businesses can spread the fixed cost over more revenue.
So it almost matters not at all what the regulation is - if there's a rule that needs followed, whether it's employee benefits, waste management, financial tracking, OSHA, EPA, IRS, or anything - each adds costs to every business.
And most of them are easier to deal with on a per revenue basis as revenue increases.