For anyone interested, the state of Louisiana has a procedure that is required to become an acupuncturist. To become a licensed acupuncturist in Louisiana, applicants must fill out and notarize forms, submit a $200 application fee, "be of good moral character," complete 36 months of training in acupuncture at an approved school or clinic or pass a certification exam from the National Certification Commission for Acupuncture and Oriental Medicine.

Presumably, the licensing process protects consumers; given the information presented this week, aside from ensuring high quality acupuncture services, why else might existing acupuncturists find it in their interest to protect the licensing system? What side effects might the fees, training, and exam introduce into the acupuncture market?

 

The acupuncturist should have possess high skills in the field as this is similar to the medical service and a person should have to work with the body of someone else which can bring about damage to customer . Similarly, looking at the scenario a highly difficult process is used by the government to acquire the license in the field and the other existing acupuncturists tend to find it in their interest as long as there are a small number of acupuncturists their oligopoly will remain in the market being few givers of the service in the acupuncture field and they can charge extremely high amounts of money.

However, the number of acupuncturists in the market will be few due to the factors of fees, training, and test as introduced in the market few people will apply for the position because of the training and amount of money involved in the course as licensing in the said field is tough because of the process oligopoly will be maintained in the market which can also maintain the same level of the service and there is less chance that any innovation in the service can occur.