Investing in Government Regulated Industries?

Would you ever consider investing in a company which is very reliant on government regulations, for example, uba or banking stocks? What are your thoughts about a sing in heavily regulated industries? Ah, i mean, the first thing to say is that all companies are heavily reliant, o l reliant, to some extent, on government regulations no matter what industry it's in. A lot of people like heavy regulated industries because there's not a whole lot of competition at the top. There's usually just a couple of major players and if there's tons of regulations, it makes it harder for smaller businesses to compete against really big, well established companies....