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by setecgastronomy 3118 days ago
> There is nothing specific wrong with industry people working at regulatory agencie

Sure. In the abstract. But in practicality, it doesn't pass the smell test. Just like if I committed a crime and my mother was judge of the case, there isn't anything specifically wrong with it. But there are potential issues of conflict of interest and she should probably recuse herself from the case.

> in fact, good regulation should include the input of the regulated industries (failure to do so was a causative factor in the bankruptcy of railroads in the 60s and 70s).

Of course regulatory agencies need input from the industry. But there is a difference between providing input and leading the agency. I'm all for input. I'm not too keen on former Directors, CEOs, etc of banks, ISPs, etc leading agencies that regulate those companies. Especially when we have people going back and forth between regulatory agencies and companies.

1 comments

If you committed a crime and your mother was on the case, that would be a conflict of interest since your mother has vested interest in you.

If you have an ex-Verizon person they shouldn’t have any loyalty to the company. If they do, then there would be a conflict of interest.

I get the argument about the ex-Verizon employee - the much bigger conflict of interest is that such a person is a future-Verizon employee, as the fate of other such officials in e.g. finance sector illustrates; we get regulatory capture because the industry lobbyists promise and hand out lucrative deals to individual regulators after their term is done.
Employees do have an interest in their old companies. If nothing else working for successful companies is a good sign on a resume. But, high level employees often have close ties to other people in management and a much easier time being brought back.
> If you have an ex-Verizon person they shouldn’t have any loyalty to the company.

Yes, and people should be good at all times and not lie.

They don't necessarily have loyalty, exactly, but they do have a detailed understanding of the company's point of view and interests, coupled with possibly a much shallower understanding of the viewpoints and interests of the public.
ex-<company name> execs almost invariably have plenty of equity and personal connections with their former employer and the industry at large, so that would de facto disqualify pretty much all of them.