Regulation by Consumer

in regulation •  7 years ago 

The opposite of a government-regulated industry is not an unregulated industry. The opposite is a consumer-regulated industry. And when it comes to regulations, businesses fear regulation by consumer far more than they fear regulation by government.

https://www.usnews.com/opinion/economic-intelligence/articles/2018-01-03/true-regulatory-power-resides-with-consumers-not-the-government

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