This looks a lot like rent control to me — optically it’s perfect, help the little guy; but in practice supply is restricted, prices rise, competition decreases

This looks a lot like rent control to me — optically it’s perfect, help the little guy; but in practice supply is restricted, prices rise, competition decreases, service gets worse. the poorest suffer the most (fewer driving jobs, higher prices). “Of all tyrannies, a tyranny sincerely exercised for the good of its victim may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated, but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” — C.S. Lewis