> anticompetitive The barrier to entry is so high at this point that I fear we’ll never see another real entrant. Do these regulations meaningfully move the n

> anticompetitive The barrier to entry is so high at this point that I fear we’ll never see another real entrant. Do these regulations meaningfully move the needle? I doubt it. They do mean that you can be a little more competitive against the house within the two existing ecosystems, but if anything they probably raise the barrier for making something truly from scratch.