Audio podcast: https://​www​.cato​.org/​m​u​l​t​i​m​e​d​i​a​/​d​a​i​l​y​-​p​o​d​c​a​s​t​/​c​r​o​n​y​i​s​m​-​c​e​r​t​i​f​i​c​a​t​e​-​n​e​e​d​-laws

Certificate of need laws give incumbent businesses the ability to veto their competition. Matthew Mitchell of the Mercatus Center explores the history and economics of these laws.

Video produced by Caleb O. Brown, Kevin Sennett and Austin Bragg.