I've presumed all along it's an effort by established businesses to use government to preclude competition from agile upstarts that cannot afford to comply with the regulations. See, for example, de Rugy's post at The Corner.
The same process of centralization of wealth and power that gave rise to SOPA.
The system is corrupt and illegitimate: the system, not one party or the other.
(Similarly, afaic the billionaires who "demand" to be taxed more expect more back in the form of crony-capitalist favors than what they would pay.)
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