It seems plausible to me that both M & G might prefer a regulatory scheme that overall slows down progress while cementing their dominance, since that would be a pretty standard regulatory-capture-driven-by-the-dominant-actors-in-the-field kind of scenario.
Interesting. Where did something like this happen?
I asked Chat-GPT and one of the clearest examples it came up with is patent trolling by large pharmaceutical companies. Their lobbying tends to be far more focused on securing monopoly rights to their products for as long as possible than anything related to innovation.
Other examples:
Automakers lobbying for restrictive standards for potential market disruptors like electric or self-driving vehicles
Telecoms lobbying against Net Neutrality
Taxi companies lobbying against ridesharing startups
Tech companies lobbying for intellectual property and data privacy regulations that they have better legal/​compliance resources to handle
Interesting. Where did something like this happen?
I asked Chat-GPT and one of the clearest examples it came up with is patent trolling by large pharmaceutical companies. Their lobbying tends to be far more focused on securing monopoly rights to their products for as long as possible than anything related to innovation.
Other examples:
Automakers lobbying for restrictive standards for potential market disruptors like electric or self-driving vehicles
Telecoms lobbying against Net Neutrality
Taxi companies lobbying against ridesharing startups
Tech companies lobbying for intellectual property and data privacy regulations that they have better legal/​compliance resources to handle