The issue is that publicly traded companies have a duty to shareholders to disclose this data and all companies have to follow antitrust laws. Which is why the

The issue is that publicly traded companies have a duty to shareholders to disclose this data and all companies have to follow antitrust laws. Which is why the SEC is trying to get this data. It’s pretty shady, but you’re right, it is a competitive advantage (breaking antitrust laws or disclosure laws is often advantageous... hence why the laws were written).