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Certificate of Need Laws—The “Competitor’s Veto”
Usually, if you want to start a new business, you need only invest your time and resources and meet the relevant safety criteria. But for some services, you must prove to the government that your business is “needed.”
And who gets to weigh in? Your competitors.
This means that aspiring entrepreneurs must beg the government—and their competition—for a permission slip to offer their products and services to the public. That’s harmful under any circumstances, but it’s especially dangerous when it comes to life-saving services.