&gt;This is the same argument as communism has never been tried argument and that Mao, Stalin et al were doing &#x27;bad communism&#x27;.<p>No, sure some regulation is bad, but a lot of regulation is very good. For example, a lack of food safety standards led to terrible things for consumers in the early 20th century.<p>The problem with the whole idea of government regulation being always bad is that that&#x27;s only the case if consumers have perfect information, are able and willing to choose any provider, and there aren&#x27;t economies of scale.