5 ms·Regulatory "red tape" exists for a reason. And it is a very good reason.by lagilogi 6y agoRegulatory "red tape" exists for a reason. And it is a very good reason.ironmagma 6y agoDo you care to elaborate?totalZero 6y agoSeems pretty obvious to me. Regulations impose oversight and verify quality of product, in order to protect people from self-interested business practices.