4 ms·
The most regulated areas are the ones that have the worst prices for consumers and least competition. Think banks, insurance, pharmaceuticals, law etc.
by max_ 3y ago
The most regulated areas are the ones that have the worst prices for consumers and least competition.
Think banks, insurance, pharmaceuticals, law etc.
- smoldesu 3y agoPossibly that's because regulating them prevents bad banks, insurance and medicine from being issued. Businesses concerning wealth, provenance and health should be scrutinized heavily. Your opinion is like blaming American food being bad on the FDA. Without the (few) places where the FDA draws the line, that food would not get any better. Trust me.