ATR believes regulatory policy should maximize the freedom of interaction between actors in the marketplace. Excessive regulation handicaps actors in the market by placing broad, capricious restrictions on their abilities to interact, limiting the faculties of productive industries and stifling consumer choice. Regulatory policy has typically been crafted behind closed doors, without public input and external expertise; aided by this bureaucratic opacity, the regulatory regime has grown immensely, costing taxpayers tens of billions annually. The cost of the regulatory burden, coupled with its stifling effect on a productive free market signals reform must be serious, expansive and expedient.