<< What's the downside (if any)? Compliance is still a burden. Even if you write the law, eventually the bureaucracy that was willed into existence will start

<< What's the downside (if any)? Compliance is still a burden. Even if you write the law, eventually the bureaucracy that was willed into existence will start living its own life, imposing new restrictions and basically making your life miserable. Still, the profits from keeping the field restricted to a small circle of largely non-competitors helps to offset that.