There is a concept of a “moral minimum” where having a regulation might produce worse work than if the regulation didn’t exist, because companies will frequently work up to the minimum required by law and no more.
This strikes me as an extremely weak argument for removing regulation. Like yea that's a nice thought if you already believe in efficacy of private organizations, but on the other hand trust in any organization goes out the window the second a profit motivation is introduced.
I’m not proposing deregulation. But it is possible to have bad regulations that don’t produce the desired outcome. Basically, you can’t just regulate by specifying every little detail. An analogy could be drawn to overfitting a system.
