That doesn't sound very realistic to me. A startup doesn't just capture 50% of any significant market over night. It will have plenty of time to hire some compliance staff as it grows.
Regulation and civil lawsuits don't serve the same purpose. Regulation is making the rules. Courts interpret the rules in light of a specific situation.
I agree that regulation can be counter productive. It can create a level playing field or cement dominant positions of encumbants. So let's have good regulation.
Regulation and civil lawsuits don't serve the same purpose. Regulation is making the rules. Courts interpret the rules in light of a specific situation.
I agree that regulation can be counter productive. It can create a level playing field or cement dominant positions of encumbants. So let's have good regulation.