Voices : Regulators are pathetic because regulation is bad https://timesofindia.indiatimes.com/blogs/voices/regulators-are-pathetic-because-regulation-is-bad/
Brilliant piece on #CCI #ONDC #Beckn #TRAI #RBI #NFRA - and the Regulatory masala #RegulatoryCapture cc @bhargavizaveri
@logic such nice pickings to pad the anti- #ONDC anti- #Beckn tirade, does logic count for nothing? You will be taken only as seriously as the article is.
If ONDC, compliant with Beckn, isn't an improvement over Amazon/Flipkart et al, then NPCI wouldn't have been an improvement over Visa/Mastercard et al. But it was! A big one. ONDC could be too, lets see.
And the criticism? The regulator should be involved in ONDC? Hilarious! You couldn't complain to CCI if they had a vested interest!
PTO
@logic the article's ludicrity goes on. A freelance writer's haze being sprinkled on the fediverse.
RBI shouldn't ban an audit firm from auditing banks? Why not! They are not banning them from auditing anybody else.
And the bit about TRAI not doing anything about the telecom duopoly? Are they supposed to tell Vodafone, Idea or Anil Ambani how to run a business!