People wrongly assume that if you don’t have regulation, you get anarchy Common law evolved over centuries to solve disputes without needing government intervention E.g GDPR could only have been dreamt up by politicians, not a court resolving a real-world data case

As opposed to rules created in the abstract by politicians, common law, especially tort law, are rules that have been developed through actual court cases and disputes over millennia Even better, a geography could have several different court venues, creating real competition