> i know its supposed to be a general truth, that regulation raises costs. i mean how can it not, since in the absence of regulation costs would be minimized.

> i know its supposed to be a general truth, that regulation raises costs. i mean how can it not, since in the absence of regulation costs would be minimized. There's lots of cases where a lack of regulation causes higher prices. Such as monopolies and oligopolies. Remember that companies seek to maximise profit above all else. They only lower prices if it helps them to maxmise profits.