But couldn't it also go the other way, where small local companies who don't need a legion of lawyers would have a competitive advantage over larger companies t

But couldn't it also go the other way, where small local companies who don't need a legion of lawyers would have a competitive advantage over larger companies trying to operate across many jurisdictions? I assume this depends on the regulations being imposed. We already have large companies with legions of lawyers who have the resources to manipulate federal and state politicians in their favor, using regulatory capture and other means to avoid competition. There's a cost associated with that, too.