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“Because when the law implicitly or explicitly limits internal competition and bars new entrants, businesses have little, if any, incentive to innovate. As a result, regulated businesses—which include public utilities, air travel, defense, health care, and food and drugs—have fallen dangerously far behind in adopting exponential technologies. Once the disruptors do find a way in, collapse is that much more sudden.”

Larry Downes, Big Bang Disruption: Strategy in the Age of Devastating Innovation
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Big Bang Disruption: Strategy in the Age of Devastating Innovation Big Bang Disruption: Strategy in the Age of Devastating Innovation by Larry Downes
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