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Message: <blockquote data-quote="TooFineAPoint" data-source="post: 1474969" data-attributes="member: 8507">This is very VERY interesting. Thank you for bringing it to the forum's attention.Exact same thing happens with regulations. A bunch of giant companies get together and concoct a scheme to make it look like a "crusading for justice" third party wants to oversee them, then they get their paid-off cronies in govt to slap a committee together, then the regulator ultimately gets staffed by former employees or former statesman who were paid off by said companies.The overall effect is to create the illusion of safety & watchdogs so they have enormous social license to operate, and even more so to hold out or destroy smaller competition that simply can't afford the massive inefficiencies that the regulators demand.</blockquote>