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Does Matt address the industry-sponsored regulations (ie, ones promoting barriers to entry to protect existing players)?



The problem is, it's not clear which ones those are. Regulations don't come with labels saying "this is industry-sponsored to protect incumbents", and reasonable people can disagree on whether a barrier-promoting regulation has legitimate reasons.


Sure, there may be some fuzziness here, but there is one clear outlier that should be noted: the 1998 ruling [1] against web radio was a huge one that benefited broadcasters at the expense of online stations.

I'm sure others could get similar things for other markets, but this one was a complete give-away.

[1] http://www.nytimes.com/2002/02/21/business/panel-s-ruling-on...




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