Why Big Business Prefers Lobbying Government to Competing in the Marketplace
Because they make more money that way, of course
(From Mises)
The rounds of “regulation” inflate corporate profits more and more, by cutting small firms out of the market and directing sales to bigger firms who can afford specialists or whole departments to play the game.
By changing the incentive structure of the economy to favor profit through political influence over serving customers the government corrupts the market rather than moderating its excesses.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2019/09/why-big-business-prefers-lobbying-government-to-competing-in-the-marketplace/
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