kaal:claim:2808132-010

When disruptive firms do not comply with existing rules or effectively create their own exemptions because the existing framework does not reach them, public policy goals can be undermined and incumbent firms that remain subject to the rules suffer severe competitive disadvantages.

regulatory framework does not apply and appropriate rules are not available, public policy goals can be undermined and incumbent firms that continue to be subject to existing rules encounter often severe competitive disadvantages.70 To counteract such

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016), III. Disruptive Innovation as a Regulatory Challenge, p. 17
https://ssrn.com/abstract=2808132 · source PDF

Wulf A. Kaal, Erik P.M. Vermeulen, How to Regulate Disruptive Innovation - From Facts to Data (2016). SSRN: https://ssrn.com/abstract=2808132

• disruptive products or services outside existing regulatory categories
• no appropriate replacement rules available

failuresupport: arguedfailure: Asymmetric compliance burdenfamily: regulatory-arbitrageregulatory-failureeconomicscompliance

• restates kaal:claim:2740477-009 When disruptive firms do not comply with existing rules or write their own exemptions because no appropriate r...

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