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Igel

(37,588 posts)
8. This kind of thing is a problem a lot of companies have faced.
Tue Jun 28, 2016, 02:03 PM
Jun 2016

Large companies love trade deals, usually like regulation and international agreements. If a large corporation does business in California and New York, their products comply pretty much with every state's requirements. If with Canada and France, they're good for a lot of international trade and meet those requirements.

But if California's requirements are adopted by the federal government 5 years later, all the small companies that don't already comply with the regs suddenly have a large cost imposed on them. If legislatures push international requirements down through the entire economy, it's a problem for small companies.

Large companies know this. In the last 30 years, a number of large companies have pushed for increased regulations. It amazes progressives and liberals and confuses conservatives, but it's rational. Banks, telecom companies, manufacturers of all sorts. Because it makes government place the undue hardship on competitors to increase their costs and probably reduce competition.

It makes for more homogeneity.

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