huh? I'm saying adding rules and regulations reduces competition yes, by definition it adds barriers to entry. We can argue how high those barriers ought to be.

huh? I'm saying adding rules and regulations reduces competition yes, by definition it adds barriers to entry. We can argue how high those barriers ought to be. Highly regulated industries: healthcare, banking, aviation Less regulated industries: web software, e-commerce, entertainment It is easier for startups to get started in the latter, harder in the former.