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Most companies have two strategies when it comes to regulation:

1. Fight any regulation. 2. Fight good regulations.




3. Infiltrate regulatory agency.

It's sad, but members of an industry are usually the most qualified people to be in a regulatory agency for that industry. Their expertise makes them good for the job, but the conflict of interest is easy to see. The solution is not.


4. Lobby for self-serving, anti-competitive regulations.


and the saddest thing of all is that this four step plan has worked so effectively for US corporations.




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