Isn’t there a gray area between unregulated markets and regulated markets?
A corrupt regulator could prohibit this for ride share industry only, to target under a pretext.
Manipulating market incentives could also reduce competition assuming an end goal is acquisition.
Of course with no regulation, corrupt players can consolidate power.
I would say unchecked power is more dangerous, so the question to me is if we presume regulation is good then how do we structure it so the regulators are regulated?
The lack of anti-trust enforcement on mergers is really harmful.
Lieferheld taking over pizza.de already lead to rising prices. Merging it with Uber Eats would make the situation even worse.
Isn’t there a gray area between unregulated markets and regulated markets?
A corrupt regulator could prohibit this for ride share industry only, to target under a pretext.
Manipulating market incentives could also reduce competition assuming an end goal is acquisition.
Of course with no regulation, corrupt players can consolidate power.
I would say unchecked power is more dangerous, so the question to me is if we presume regulation is good then how do we structure it so the regulators are regulated?