Column: We Should Emulate, Not Regulate Waze
Thursday, June 21, 2018
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Southern California Radio recently asked their listeners, "[H]ow could Los Angeles actually hold Waze accountable? What types of regulations should be put in place?" That's no surprise: How many times have you heard someone say, "there ought to be a law?" In a country where the federal code of regulations alone takes up ten shelves of the Library of Congress, this seems to be the conventional wisdom -- even more today than in the time of widespread, privately-run public transit. Back then, anti-trust and interstate commerce regulations forced electric companies to sell their street car lines. This destroyed the profit margin of the lines...
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I would like to thank Steve D. and my wife for their comments on an earlier version of this piece.
-- CAV
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