Which is a good argument for regulation. Regulation prevents industry from doing things that may be in their individual best interest but are against public best interests or the best interests of the industry as a whole.
Unfortunately, the US administrative state is still being murdered. So, don’t expect act regs or enforcement to be seen out of the US and expect flagrant violation of EU and other regs due to mobster-style protectionism.
Which is a good argument for regulation. Regulation prevents industry from doing things that may be in their individual best interest but are against public best interests or the best interests of the industry as a whole.
Unfortunately, the US administrative state is still being murdered. So, don’t expect act regs or enforcement to be seen out of the US and expect flagrant violation of EU and other regs due to mobster-style protectionism.