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Government regulation is steered by lobby groups, so self regulation and government regulation are practically the same thing.
by kazinator 2y ago
Government regulation is steered by lobby groups, so self regulation and government regulation are practically the same thing.
- wittystick 2y agoIt's always about protectionism. No company wants the government interfering with its business. They want the government interfering in their upcoming competitor's businesses.
- astrange 2y agoSometimes having someone else regulate you can be helpful, because it leads to distribution of blame and you don't want to be responsible for doing the thing regulations make you do. Similar reason companies hire management consultants.
- deleted 2y ago[deleted]