Regulating the economy drives monopolization as the regulations are a cost that the wealthy can afford, but would be entrepreneurs cannot. This leads not only increased prices, decreased wages, and slowed innovation, but has also been shown to actually reduce consumer safety as well. For example, deregulating railroads led to less derailments, deregulating airlines led to the working class being able to fly. To pursue the profits of monopolization, corporations lobby and otherwise contribute financially in exchange for increases in regulations. To take the undue influence away, we need to dramatically limit the government’s power to regulate the economy in the form of a constitutional amendment. Products that harm people should be punished through the courts instead of trying to control through blanket rules.
For an example of how deregulation leads to increased safety and innovation, please see the paper “Regulating the Innovators” by Parker Rogers.