In fact, if an industry is completely unregulated, then special interests have no way to really use the power of government to their advantage. Regulatory capture is real and is one of the biggest dangers we face. When you give the government the power to regulate an industry, what you're really doing is allowing the biggest players in that industry the power to destroy their competition with regulation. Why do you think the banking industry is actually become more consolidated, with fewer small banks, since the most recent round of disaster/regulation? This is something you would have understood if you had actually read Atlas Shrugged.
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