# kaal:claim:3709041-026

**Claim.** Regulating centralized technology conglomerates addresses only part of the problem, because even fully regulated conglomerates retain the power to set standards and norms for emerging technologies that government cannot effectively trace.

**Type.** failure  **Support.** argued

**Source quote.**

> Even if fully regulated, centralized technology conglomerates still have the power to set standards and norms for emerging technologies that government cannot effectively trace.

**From.** Kaal, *Blockchain Technology for Good* (2020), II.2 Microdemocracy, page 17

**Cite as.** Kaal, Blockchain Technology for Good (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3709041

**Verify.** sha256 of source PDF `5216a7bca45a48e3bef11ec524936e66af737c0fd66271e9f6866dc20a4482cc` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202020%20-%20Blockchain%20Technology%20for%20Good.pdf

**Failure mode.** regulatory blind spot in private standard setting  (family: regulatory-capture-and-incumbent-advantage)

**Topics.** governance-design

**Keywords.** platform-power, regulation-limits, standard-setting, technology-governance

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