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Comment by mc32

2 months ago

If money exchanges hands. If you pay someone to distribute flyers, or you pay someone to run ads.

If you expect a this for that that benefits the giver. Like say a pharma offering free airfare and lodging to a medical conference if you talk up their product to patients.

There will be corner cases, obscure circumstances, unforeseen loopholes, etc., but this would be a good start.

Worth questioning who that benefits the most. It definitely benefits consumers in the sense that they won't be bombarded by advertisements.

But it also benefits large businesses that already spent millions advertising and now have a much deeper moat.

It kind of reminds me of college sports before NIL deals. Back then, you couldn't pay college recruits. You'd think this levels the playing field, right?

In fact, we saw the opposite effect. You see schools spending millions to add waterslides to their locker rooms, or promising "exposure" that smaller schools can't offer. You essentially had to spend twice as much on stuff that indirectly benefited the players.

I'd expect similar things to happen among businesses. Think "crazy stunt in Times Square so that an actual news site will write about it."