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The current auction is part of a sale that has been in the works since 1996. If something untoward is happening, the public eye has had two and a half decades t
by cvoss 3y ago
The current auction is part of a sale that has been in the works since 1996. If something untoward is happening, the public eye has had two and a half decades to spot it and correct it. And the eye has been on it; indeed, the mechanics of the sale were revisited and improved ten years ago.
[1] https://en.m.wikipedia.org/wiki/Helium_Privatization_Act_of_1996 https://en.m.wikipedia.org/wiki/Helium_Privatization_Act_of_...
- nico 3y agoThat’s great, glad to know there’s been plenty of scrutiny over this At the same time, we’ve had regulatory capture in a bunch of industries for decades and it seems there isn’t much the public can really do about it The public being able to see what’s going on, for months/years/decades doesn't necessarily mean they are ok with it, it might just mean they are powerless