They always talk about the big evil Facebooks of the world when they demand regulations that hit entire industries and mostly just keep the same big companies in power.

The regulations never just target the big firms who caused the individual incidents that caused the outrage or the individuals only doing bad behaviour.

Nor does the regulations go away as industries adapt, change for the better, or get disrupted over the course of decades the same old laws apply, further keeping old entrenched powers in place and their negative anti-consumer behaviour which markets were attempting to correct.

It's the story of modern America industry. And it always starts with good intentions.

It blows my mind how many people talk about over-regulation but almost never target regulatory capture. Examples include liquor laws in Indiana and Texas not allowing Tesla to sell cars direct-to-customer.