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| ▲ | 1718627440 2 hours ago | parent | next [-] |
| Isn't regulatory capture when a company shapes regulation to achieve business interests? How is this the case here? |
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| ▲ | nickff 2 hours ago | parent [-] | | Excluding foreign competitors is a classic ‘regulatory capture’-style approach. Regulatory capture is (typically) a ‘bootleggers and baptists’ scenario where there are both good and bad reasons to enact the rules. |
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| ▲ | fakedang 11 minutes ago | parent | prev | next [-] |
| The difference between data sovereignty and regulatory capture is that the populace generally wants data sovereignty. The populace does not want big corporations dictating the rules of the trade. |
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| ▲ | greggoB 2 hours ago | parent | prev [-] |
| > But "European data sovereignty" is regulatory capture This doesn't match my understanding of regulatory capture [0] - is there any evidence that this company specifically orchestrated the EU's data protection laws in order to benefit from by blocking out competitors? Would be unexpected, since laws like GDPR predate its founding. [0] https://en.wikipedia.org/wiki/Regulatory_capture |
