4min chapter

Free Thoughts cover image

Regulation Games (with Peter Van Doren)

Free Thoughts

CHAPTER

The European Privacy Initiative and Google and Face Bookright

Libertarians say that a big business is like regulation oror tht they are not necessarily averse to it. What is this general rule on? Soo may be taking a step back, as we talked about it win terms of salmon and dairy, and now talking about it with a tech industry. In the big picture, a lot of regulatory compliance involves what economists call fixed costsd. And if you're bigger than the fixed costs of compliance of any given regulation were lower as a % of your revenues, your profits, the bigger you are.

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