These Laws Let Your Competitors Decide When Your Business is “Needed”
What are “Certificates of Need,” and who should get to decide whether an entrepreneur can try out a business idea?
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When IJ client Abdallah Batayneh tried to open a resort shuttle service in rural Colorado, his application was denied by a state regulatory agency at the same time it assured him that he was “operationally, managerially, and financially fit” to run his company. In today’s episode, we discuss how Abdallah became the victim of an outrageous legal regime that many states erected to protect existing businesses at the expense of new start-ups and customers—and how and why these laws should be eliminated nationwide.
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