I was trying to suggest that the legal and regulatory framework is what needs to be fixed, not the businesses.
I've never worked at a business that was cut off at the knees by new laws or regs. I'm sure it's happened, but I'm not convinced it's common. What I have witnessed though, many times at many employers, is pure self-inflicted complexity. The did-they-even-consider-the-cost kind of complexity that is nightmarish to implement and hampers future changes.
As an IT pro I can't do much about the laws and regulations, but I can advise and design business systems in ways to avoid complexity traps and help accommodate more sane business processes.
This, I think, is a very healthy attitude; Focus on what you can change rather than railing against things that won't.