This. Allowing bad actors to participate in a system allows them to externalize costs, which makes them more competitive than good actors. In human relationships, this behavior is punished by excluding bad actors from social relationships (i.e. the "no assholes" rule).
That does not work for corporations, because most people who are customers of these corporations are unaware of the corporation's bad behavior, are unable to avoid the corporation's products, or are stuck with a choice between bad options.
The main solution is regulation, oversight, and legal action, but the first two of these are unlikely to be enacted in the US in the current political climate. The Biden administration made some steps towards stronger regulation (e.g. by putting Lina Khan in control of the FTC), but received little to no political benefit from it and probably harmed fundraising for the Democrats.
Legal action is often prevented by arbitration clauses or disparate funding, where it is financially untenable to restrain bad actors using legal action.
> That does not work for corporations, because most people who are customers of these corporations are unaware of the corporation's bad behavior, are unable to avoid the corporation's products, or are stuck with a choice between bad options.
That does not work for corporations, because most people who are customers of these corporations are unaware of the corporation's bad behavior, are unable to avoid the corporation's products, or are stuck with a choice between bad options.
The main solution is regulation, oversight, and legal action, but the first two of these are unlikely to be enacted in the US in the current political climate. The Biden administration made some steps towards stronger regulation (e.g. by putting Lina Khan in control of the FTC), but received little to no political benefit from it and probably harmed fundraising for the Democrats.
Legal action is often prevented by arbitration clauses or disparate funding, where it is financially untenable to restrain bad actors using legal action.