Earlier quoted context omitted.
> Regulations exist to protect consumers and other companies from accusative behaviors. I think this is possibly a bit naive. Regulations also exist to protect powerful people's businesses, to push personal agendas, and to further political aims even if those are not actually in the interests of any consumers. Also sometimes people think they're making a regulation to protect consumers, but actually it makes things w…
It's not naive, that's why we have laws. Without laws, the people/groups you mention would just use the law of the jungle - might makes right - to get what they want. At least with laws they have to somewhat accommodate this process to get what they want, frequently compromising along the way. I'm not saying that all laws are perfect, but let's not get overwhelming cynicism get the best of us.
Might doesn't make right but might writes. (regulations)