Monday, September 19, 2016

Licensing Requirements can be Arbitrary

                  
Spotlights are often trained on the various local and state licensing requirements, now that many unemployed are seeking to enter their own small business operations.
                     
Often, such licensing is used as a means to restrain trade, done to keep competition out of established trades. Like old guilds and trade organizations.

In many instances, licensing has little to do with standards or community protection; they’re a means of reducing competition. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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