Calculate an independent thought index, t, as follows: j / h.
Call me if it's greater than 0.01. I'll be over here in the corner watching as we entrench half- (or hundredth-?)baked ideas into statute books that don't change for decades.
The economic damage of these petty regs (enforcement, compliance, cognitive load on businesses, yadda yadda) far outstrips that which brought them into existence in the first place - that I'd put my life on (but good luck actually measuring it.)
These kinds of 'consumer protection' laws are exactly the reason why the UK only has 5 major banks operating as a government-backed cartel - the laws became so complex that the market is impossible to enter now. Just ask Richard Branson - he wanted a bank for a long time, but the only way he could get one was to buy a preexisting one. This argument extends almost verbatim to the insurance and payment processing (and more) industries.
The internet is what it is because it has been almost completely free (as in liberal) and had very low barriers to entry up until very recently. The day I have to fill in a government form to open a webshop else fear prosecution is the day we let another good thing die - and shit like this is a big step down that road.