Its simple to think that regulation is good and bad if you generalize and say that no industry should/should not be regulated just because it causes inconvenien

Its simple to think that regulation is good and bad if you generalize and say that no industry should/should not be regulated just because it causes inconvenience. Regulation should be in place to put safeties into a system. What i mean by that is don't let people "cheat" too much. By cheating the reasonable bounds of the system the whole system would suffer (people dying, civil liberties slashed or financial systems collapsing). That said industries you would want tight regulation on is in the food or medical industries. Nothing is black and white but always varying shades of grey.