Cosmetology is a perfect example of where the stairs were clearly passable but we jumped anyway.
Taxi cabs are a good example of where its not necessarily obvious. Proceed with an abundance of caution.
My argument is that we cosmetology more than we telecom and we should head back the other way.
Matter of fact social dynamics end up putting massive pressure on any firm
This does not tend towards anything but scenarios where regulatory intervention is required.
Also -intervention is required in scenarios where products are known to subvert or pervert the normal decision making systems of humans - or create unintended side effects.
Cigarettes, gambling, addiction or health harming products come to mind. - but I suppose that’s under the umbrella of citizen health and safety.
Several markets tend towards single players (telecom for example) without regulation you will always have a poor economic outcome (for the majority of citizens aka customer Education)