Or maybe the business owner just doesn't want to deal with the hassle for such small margins. More sand in the gears so-to-speak.
More regulation tends to favor larger companies as they have the inertia to overcome the additional friction of more and more regulations.
They are not typically as nimble or innovative as smaller companies. I think this is why you see so many large companies acquiring smaller firms. They can buy the innovation they can't create in their bureaucracy.
More regulation tends to favor larger companies as they have the inertia to overcome the additional friction of more and more regulations.
They are not typically as nimble or innovative as smaller companies. I think this is why you see so many large companies acquiring smaller firms. They can buy the innovation they can't create in their bureaucracy.