The first legal discussion is related to the supposed

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The report also talks about the warnings from the Marine Technology Society's Underwater Vehicles Committee, which, despite pointing out possible catastrophic consequences, did not change OceanGate's stance, which even went public to argue that the innovation it proposed would be outside an already accepted certification system, disregarding the fact that, of all ten submersibles that can reach the depths necessary to see the Titanic, only the Titan was not certified [5] .

Lack of regulation and incentives for excessive risk-taking
What can be observed from these facts is that, in the absence of sms gateway taiwan regulation, there may be incentives to take excessive risks even at the expense of people's safety and lives. In such cases, even the effectiveness of self-regulatory solutions, such as the guidelines of the Maritime Technology Society, is questioned. After all, in such cases, the economic agent only adheres to such guidelines if he wants to, and as we all know, OceanGate did not want to.

Hence, without any intention of ignoring or underestimating the difficulty of transnational regulation for an industry that operates, as a rule, in international waters, the big question is really to assess whether and to what extent business activities that expose consumers to such a level of risk should remain immune to regulation.