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Make way for proprietary "Splinternets" where prespecified ground rules regarding privacy and other governance issues replace regulation and central planning.
While decentralization is supposed to replace regulation it's clear that there is still a way to go before it can be truly taken seriously.
Social norms have proven that they can support or replace regulation where parties repeatedly interact, especially with transparency.
He seemed to want to replace regulation with hard and fast legal remedies, which in turn were based on the norms of the community -- that is, on politics.
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The new rules replace regulations on foreign news media coverage established in 1990, a year after the crackdown on democracy demonstrators in Tiananmen Square.
They will replace regulations introduced in the wake of TV chef Jamie Oliver's campaign to improve the standard of school food.
I interpret that to mean that he wants to replace regulations that are directed toward worthy objectives but don't work with regulations that do work, and I have given some examples.
"Competition replaces regulation".
In 1993, the government replaced regulation based on numbers of flights with a regime based on noise which, critics claim, has led to a fourfold increase in night flights.
The change in regulations governing partnerships in oil palm plantations, due to the establishment of Ministry of Agriculture Regulation No. 98/2013 that replaced Regulation No. 5/2011, has also created problems related to tenure and arrangements concerning plasma systems (McCarthy et al. 2012; Potter 2012).
I think the coalition government might look at what happened to financial standards when light regulation replaced serious regulation, and draw a lesson from that".
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