Is there a better way to implement regulation then? Perhaps i'm unaware of what regulation means in this context, but a lot (not all!) of regulation serves a pu

Is there a better way to implement regulation then? Perhaps i'm unaware of what regulation means in this context, but a lot (not all!) of regulation serves a purpose, or did originally. Ie safety regulation for requiring how your home wiring is done; that builders can't skimp and use thin wiring or etc. Food safety regulation for how long food is allowed out of cooling, temperature requirements for cooling, etc. These obviously serve a goal, but if you're saying that they also cause inequality, what is the better solution? Do we remove all safety rails? Or are some seen as essential, so the debate isn't pro or anti regulation but merely which ones are worth the cost? etc