And some of those monopolies, or there's been consolidation in the industry, that consolidation has led to a smaller number of major players having a significant sort of dominant control over that industry, in part because The regulatory nature of things will tend inevitably to make it easier for a startup, a new competitor, to come onto the scene. Yeah, that's an entrenched problem. Mr. Mead, after sifting through the 400 comments or so, what are your insights on this and where we ought to go with it? (10:35–10:45)
CLAIM
Asserts that regulations tend to facilitate the entry of startups and new competitors.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
