Comment by cm2012
3 days ago
Its market distortionary and makes global advertisers have to customize for the local audience, some might not bother
3 days ago
Its market distortionary and makes global advertisers have to customize for the local audience, some might not bother
> market distortionary
I am unsure what you are trying to say here. But if you mean to refer to "market distortion", I cannot see how that can be happening.
The reason is that these rules are supposed to be applicable universally to every company in the same way. And as such, they do not create any market distortion in one way or the other. Because everyone has to play by the same rules. Those are as fair market conditions as one can get, in my opinion.
> some might not bother
Why should that be a problem? If someone does not like the regulation in a particular jurisdiction, it is fine. No one is forcing them to operate there.
The main point is the following: If they want to operate, they have to play by the local rules. Just like everyone else.
Ad skipping should be handled at the platform level and not left to individual advertisers to control. Regulations like this make such an outcome more likely.
Mobile ads in the US are heinous. Each one has a different mechanism for skipping, the skip buttons are micro sized and impossible to tap, some of them don't even work.
Standardization should have been up to the platforms selling ads, but they haven't done it. It's past time for local authorities to step in and protect consumers from predatory behavior.
Markets are not a natural phenomenon and are themselves the result of complex social arrangements, involving coercion. So, the market is the result of "distortions" before and after various regulatory measures.
Good?
Not as good when you just end up having to pay more for services right
The incentives are better aligned though, so long as they are not undermined (by moving the target) Ala cable tv.
Nope still good
> market distortionary
So what if it is?
> makes global advertisers have to customize for the local audience
My understanding of advertising is that there is already substantial customization for local audiences.
Isn’t that presumably the point of the Vietnamese government whenever they set new requirements?
To make it harder for people who dont care about Vietnam to do business.
I would assume that the global advertisers are already having to customize for the local audience since the spoken language is Vietnamese.
Can you spell out more what’s wrong with distorting a market or customizing for local audiences?
why is it a bad thing if global advertisers have to customize? If they're global, they should have the resources. Anyhow none of our concerns
Simply put, fuck the "market" (aka: uber-rich people). The market should serve us humans, not the other way around.
Ive heard this garbage excuse since Reagan took a wrecking ball to regulations. Not making effective regulations is ALSO a market distorting thing, that encourages the absolute worst behaviors. And now with Citizens United, its $1 = 1 vote.
But no, "marrrrrkeeeeetttttt"