kaal:claim:2834531-007

New regulations addressed to an innovative product can be obsolete before they are even finalized.

New regulations pertaining to an innovative product could be obsolete before they are finalized.

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017), III. THE FACTUAL BASIS OF MODERN REGULATION, p. 12
https://ssrn.com/abstract=2834531 · source PDF

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531

• rules aimed at products subject to rapid innovation cycles

failuresupport: assertedfailure: obsolescence at promulgationfamily: regulatory-lagdynamic-regulationinnovation

• restates kaal:claim:2740477-021 New regulations aimed at an innovative product can be obsolete before they are finalized.
• restates kaal:claim:2808132-023 Because formal rulemaking takes months and often years, regulators are still processing the previous product l...
• restates kaal:claim:2831040-009 Formal rulemaking in the existing regulatory infrastructure is almost always too time consuming, because produ...
• restated_by kaal:claim:2957645-003 Formal rulemaking in the existing regulatory infrastructure is too time consuming, and the speed of product in...

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