Sometimes well-intentioned regulation has the perverse effect of consolidating power to the largest players because they have the most resources to navigate novel legal or policy terrain.https://twitter.com/wsj/status/1002123803298816000 …
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They’re also embarrassed by Gerald Baker sometimes.
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I get that, but I can’t recall a business reporter ever putting new regulations in a positive frame, including the legit journalists at the Journal.
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…with the caveat that the WSJ will find any excuse to bash any regulation and once you get past the click-bait lede you read the disparity is rapidly disappearing as ad platforms fix glitches in transmitting consent certification.