One argument against regulations is that overbearing legislation reduces investment incentives therefore reduces economic growth, causing more harm than it helps. Deregulation leads to more competition, innovation, lower cost therefore consumers can enjoy lower prices. What are the most regulated industries in the United States?

The most regulated industries in the United States are:

• Petroleum and coal product manufacturing
• Electric power generation, transmission, and distribution
• Motor vehicle manufacturing
• Non-depository credit intermediation
• Depository credit intermediation
• Scheduled air transportation
• Fishing
• Oil and gas extraction
• Pharmaceutical and medicine manufacturing
• Deep sea, coastal, and Great Lakes water transportation (The McLaughlin-Sherouse List: The 10 Most-Regulated Industries of 2014, January 21, 2016, para 4)

The McLaughlin-Sherouse List: The 10 Most-Regulated Industries of 2014 (January 21, 2016)Center-George Mason University

https://www.mercatus.org/research/data-visualizations/mclaughlin-sherouse-list-10-most-regulated-industries-2014