I’m joking but I’m also not joking.
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Occupational licensing is something of a hobbyhorse for CATO, and they happen to be right about it. Hair salons are excessively regulated.
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The core regulation is occupational licensing, which establishes some number of hours you have to sacrifice to the Compliance gods.
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Most tech companies don’t have occupational licensing. One did. You might recall how that worked out for all concerned.
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One way which regulations work to favor established companies is that often substantially everyone believes them to be nonsense.
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If you call them nonsense, though, you get hit by the orbital ion cannon. Then your not-blasted entrenched competitors say “Silly kids.”
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Note that it is not true that *all* regulations are backstopped by instant orbital bombardment. You have to hire people who know difference.
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End of conversation
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