Car towing companies made trillions of dollars every year by charging ridiculous and unreasonable "towing fees" "management fees" etc. Some towing companies even abuse their rights and tow people's cars even if they're parked appropriately. To tow cars in a quick and efficient manner, considerable number of cars were damaged during the towing process. (wheels, brakes, etc) Does it really cost $500+ to tow a car? Definitely not, $100 would be way sufficient. Therefore, government should set rules and laws to limit the amount of money car-towing companies charge, and limit their activity to avoid abusive towing.
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