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Does that sound like initiatives written by corporate lawyers?

Who do you believe this affects more. Big corporations or small/medium businesses

EDIT: to be clearer, what if this is to hinder competition? This seems like it would affect small companies disproportionally more than big ones, since small ones will not have a formalized pay system (and probably shouldn't, since value produced is way less obvious).

Every time there's this cry of "think of the small business!".

And every time it's bullshit.

Or perhaps most regulation is harmful to small businesses because they lack the lobbying power of the elite.

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