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The Arguments Against Government Regulation

151 Words1 Pages
The arguments for government regulation are that it enables more equality among competitors and that it prevents things like trusts or monopolies from being established. It could also prevent wealthy or shady people from exploiting the system and benefiting at the cost of the consumers. It would also help the consumers have a larger choice of products since more people could participate in the production and the market. The arguments against government regulation is that it prevents the economy from thriving because some companies would be able to make it even bigger but they are limited by government regulations. Another reason is that government interference can obstruct the market and cause favoritism or protectionism of certain groups or
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