2 thoughts on “Anti-competitive regulations and the harm they cause (Part 1)”

  1. Posted 09/07/2018 at 09:30 | Permalink

    Reducing the stupid length of copyright.

    You get a patent for the best invention ever — say a drug that cures all cancer and your patent will run 20 years maximum.

    You write a good book and it lasts your lifetime and 70 years more.

  2. Posted 12/07/2018 at 20:51 | Permalink

    Funny how something designed to protect consumers from the selling of overly complex and incompletely understood products by unscrupulous and not necessarily full cognisant companies is seen as “uncompetitive”. Such products are in the main not designed for purchase by the ordinary person but would be sold by boilershop companies without fear of restraint or prosectuion with the excuse that it was for the consumer to make sure they knew what they were buying.
    Worse still it was the sales of these complex instruments that have been the cause of various financial problems around the globe.
    Yet here we find again those who see greed as a good thing calling out such protections as “uncompetitive” yet closer analysis shows this to be nothing of the sort.
    The so called unsophisticated markets you call out in the article are not set up to sell such complex instruments and therefore the controls placed on them by the EU directive will prevent them from selling things that they don’t necessarily understand. Consumers who want such things will need to trade in more sophisticated markets where there is better understanding of the products and we can only hope of course that they will ensure that the purchaser receives a far better explanation of the instrument that perhaps they may get in Bulgaria.

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