Isn't this the definition of regulatory capture? Which usually comes first, the large companies or the regulations that only large companies could keep up with?

Isn't this the definition of regulatory capture? Which usually comes first, the large companies or the regulations that only large companies could keep up with? The idea of the feds choosing poorly, or being corrupted, and deciding on one set of regulations for everyone scares me sometimes. Health care didn't turn out so great, the ACA put a stop to several states that had interesting plans and implementations of their own, and is basically a subsidy for the health care industry as it currently exists, whose lobbyists apparently crafted the text of that bill. Another example is privacy rights - the feds aren't doing much, and I'm glad that some states are. Why should I care that companies get uniform laws more than I care about these issues that matter to me? I'm not saying that we can't have federal regulations, but I don't think there's anything wrong with having local regulations even if companies are inconvenienced, especially for evolving industries.