Earlier quoted context omitted.
No. It's the high profit attracting high incentive to capture the regulation. The goal of the regulation is to increase prices (profit) while preventing other parties from competing on prices
I am always amazed by these "no-regulation" arguers - how are you doing to resolve disputes? Suppose I want to sell my product, and find a company willing to buy, a middle manager signs the contract. When the company recieved my product, it refuses to pay, says this person was not authorised to sign the contract on behalf of the company. Must the company prove the purchase was unauthorised, or must I prove the employ…
And I think you're talking about contract law, not regulations.