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Because dealers have lobbied to have the law mandate them.
I know “deregulation” is a bit of a dirty word, but some regulations are genuinely bad. In this case, it’s literal textbook rent seeking, in the economics sense.
Because dealers have lobbied to have the law mandate them.
I know “deregulation” is a bit of a dirty word, but some regulations are genuinely bad. In this case, it’s literal textbook rent seeking, in the economics sense.