If there is no regulator, the company with the most money will use its money to prevent any deals that are inconvenient for it from taking place. Often those wo

If there is no regulator, the company with the most money will use its money to prevent any deals that are inconvenient for it from taking place. Often those would be beneficial to the other parties or to the consumers. Maybe it's not a great choice of words to say here "the large company regulates the space" but it's definitely a problem worth pointing out.