For 13 years of my career I was immersed in "regulated industries" - things like gambling, liquor control, tow trucks, motor carriers and insurance. It isn't until you do that kind of work that you really get a feel for how utterly necessary most regulations are. Now, there are instances where there are too many regulations, but they are far, far fewer than those that are too little regulation. When someone complains about "too much regulation", I always ask myself,"what are they trying to get away with?". 9 times out of ten, it is about encroaching on profit, not about the reasonableness of the regulation itself.