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 Originally Posted by MadMojoMonkey
Oversight without regulation seems pointless. Can you clarify?
I mean, gov't oversight which isn't backed up by legal consequences isn't likely to change any business practices, IMO.
You're not wrong, but you're really splitting hairs. There are consequences. The word "regulation" isn't entirely irrelevant.
The distinction is mostly for Ong's benefit. He seems to be advocating for total government control of these enterprises and is describing that as "regulation"
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