A positive effect from regulation does not rebut the general argument against government regulation of industry.
The problem with regulation isn’t that there are never any positive effects, of course there are.
The problem is it’s impossible to reliably avoid adding substantial friction to life via overly broad regulation that is not applicable but has to be followed anyway, or outdated but still-in-effect regulation that is not applicable but has to be followed anyway, at least.
If this only bothered huge companies then I would say cost of doing business, who cares, etc, but it actually affects things like how cities and towns are designed, how expensive housing is, how expensive medical treatment is, etc.
The problem with regulation isn’t that there are never any positive effects, of course there are.
The problem is it’s impossible to reliably avoid adding substantial friction to life via overly broad regulation that is not applicable but has to be followed anyway, or outdated but still-in-effect regulation that is not applicable but has to be followed anyway, at least.
If this only bothered huge companies then I would say cost of doing business, who cares, etc, but it actually affects things like how cities and towns are designed, how expensive housing is, how expensive medical treatment is, etc.