Blog: How can you regulate software?

After the fall-out from the FSA’s recent platform policy paper, CWC Research’s Clive Waller warns the regulator is not concerned enough about consumer outcomes

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After the fall-out from the FSA's recent platform policy paper, CWC Research's Clive Waller warns the regulator is not concerned enough about consumer outcomes.

I have always been of the view that you cannot regulate a piece of software, especially in an industry where the value chain has been fragmenting so rapidly. It was only last autumn at the excellent Platforum conference that Andrew Fisher caused amusement by suggesting that there would be only three global platform providers and they would charge only 10bps. That may be wishful thinking, yet we are already seeing global players laying out their plans. The challenge posed by the big boys to local players is that they can play the scale game. Moreover, they are not concerned with brand....

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