Actually it is more like privatization of taxi regulations. Instead of paying for a burdensome and ineffective government bureaucracy, a libertarian would let p

Actually it is more like privatization of taxi regulations. Instead of paying for a burdensome and ineffective government bureaucracy, a libertarian would let private companies handle it. The tricky part is avoiding monopoly and arguably, monopoly is at the root of the problems with burdensome and ineffective government bureaucracy.