3 ms·

It is just common sense. Regulations give one advantage and restrict competition which is a breeding ground for monopolies.

• icebraining 8y ago
  That only shows that regulations may create monopolies, not that they're the only reason for their existence.
  • merinowool 8y ago
    Sure, but that is the main reason.
    • simion314 8y ago
      Is this a fact or your intuition, in a perfect society we do not need laws, in such a perfect society communism would also work fine, but since the world is not perfect we need laws or revolutions to fix the problems, I would really love some economist to team up with some game developers and run some economic simulations with different level of regulations, it would be interesting to see how well the model would match the reality.
      • merinowool 8y ago
        This is my observation and so far it has not been proven wrong.