4 ms·
Why do you assume that the primary purpose of the regulatory regime is to maintain high standards?
by Pitarou 9y ago
Why do you assume that the primary purpose of the regulatory regime is to maintain high standards?
- justinjlynn 9y agoIf it is not and its primary purpose is economic protectionism, in the face of otherwise fair market competition, then I am against intervention. I did not mean to imply that was the purpose for which all those agencies are used, nor did I intend to present a black/white choice in the perception of said matter. In this case, it does appear to be a case of at least limited protectionism; however, my information and expertise here is limited.