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It must be really great to live in a world where you can impute arguments to other people - guaranteed correctness, without any hassle!

Since you didn't make an argument I won't do the same disservice to you. The relevant laws in this case are anti-trust. I support them, generally, as did TR who introduced them. Regulatory capture is a problem to be battled, not a reason to throw your hands up and say "oh well, guess i'll just let myself get screwed by a couple people who managed to lock up an industry through collusion".




> The relevant laws in this case are anti-trust. I support them, generally, as did TR who introduced them.

That's nice, but the question is whether the realized benefits exceeded the incurred costs.

> Regulatory capture is a problem to be battled

You're assuming that you can win the war. Some evidence would be nice.




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