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by pow_pp_-1_v 2093 days ago
If there are competing companies then the governing bodies will hopefully not be beholden to one company. So the governing bodies will have an incentive to keep the sport safe. Else if the sport suffers then it affects the governing bodies too.

If the governing body is beholden to a company, then the company's priorities (money) will be what the they care about. Which I think is what happened here.