> What have been the differences between your personal experiences engaging in the regulatory system in the United States as a consumer versus the times you’ve engaged with the regulatory system in the US as an investor?
The latter requires counsel. The former can command state attorneys generals, regulatory bodies and small-claims courts and arbitrators who, while imperfect to flawed, are paid for by the taxpayer or company.
I’m also making an in-system comparison. An American consumer is worse off, on average, than a European consumer.
This makes sense. While arbitration may be heavily skewed against consumers due to the incentives created by corporations paying for them, it is often free for the consumer to be ruled against with no recourse. This is a great example to introduce in support of the idea that the system is stacked in favor of consumers becau
The latter requires counsel. The former can command state attorneys generals, regulatory bodies and small-claims courts and arbitrators who, while imperfect to flawed, are paid for by the taxpayer or company.
I’m also making an in-system comparison. An American consumer is worse off, on average, than a European consumer.