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by kartan 2512 days ago
>A major problem is that regulatory capture leads to less competition

Safe regulations are to avoid people dying not to stimulate competition. Without safety regulations, way more people will get sick, injured or die.

And, in this case, it is not about adding more regulation. It is just about making sure that the current one is in place.

Someone though, too much regulation is reducing my profit and 350 people died. Will deregulation bring that people lives back?