Mon, 17 July 2017
If you want to know why someone would call for MORE regulation in their industry just follow the money.
Once a company has established itself in the space, controlling competition becomes a serious concern.
One of the easiest ways to prevent competition from entering the market is to petition the government to institute burdensome and expensive regulation.
The established company can afford to pay the cost associated with the regulation while the startup will struggle. It's an old game being masterfully played by Elon.