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  • THE CORE
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Three Main Things Will Cause Competitive Regulatory Agencies to Work

1/3/2016

 
 First, the structure was built to create the right balances and to spread the power around.  The size, the Sector Boards, the Organizations, the control of patents, the authority within the Judicial CRA’s, the professional licenses, and among others, solves many issues of many common complaints.
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Second, competition solves a lot of issues created by politician controlled regulations.  The free market is allowing the businesses to have the choice on which CRA to choose from and for consumers to have the option on which business receive their purchases.  The competition that is not distorted by cronyism, rather true free markets, solves many issues and answers many complaints.  If you do not like a specific CRA, simply do not buy from a business regulated by them.  Bad business practices must change when businesses lose sales. 
Third, ratings completely understood with its structure of competing Rating Agencies solve many issues and could clear many misunderstandings.  Consumers will care about many of the items that are rated and will pay a premium for better-rated products.  Buying products and services with better ratings mean that you are getting better products and you are supporting better business practices. 
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smallbusinessloan link
3/15/2016 07:13:37 pm

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