Uh, how does that make any sense? What if the local bakery sucks? Why is the bakery you work at immune to competition but the bakery a couple of towns over is

Uh, how does that make any sense? What if the local bakery sucks? Why is the bakery you work at immune to competition but the bakery a couple of towns over isn't? How are you examining these rules that it "doesn't seem especially crazy?", what's the rationale? Capitalism requires competition to produce positive outcomes, the only reason to limit or ban competition is in the edge cases where the model doesn't work (patents, utilities, etc). Frankly we have too many regulatory moats as it is IMO.