The first paragraph in your post can just as easily be applied to the idea of no regulation. Without regulations you have corporate anarchy and an impotent and

The first paragraph in your post can just as easily be applied to the idea of no regulation. Without regulations you have corporate anarchy and an impotent and uninformed consumer base. Free-market capitalism naturally gravitates towards monopolies without a regulatory body to step in an attempt to preserve fair competition. Regulation can be used to entrench big players that is true, but it can also be used to prevent entrenchment. The trick is finding a nice balance and it is an ongoing struggle. And this; Regulation always increases; it never declines Is clearly untrue, as it was a series of deregulations of the financial services industry beginning with Reagan's clown-act presidency that led to our last financial crash. Protections put in place in the decades before were set up to prevent exactly the problems we have faced over the last few years.