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[–] Clasm 1 point 2 points (+3|-1) ago 

To be fair, most of the deregulation didn't happen until the late 1970s, after a number of responsibilities had been transferred to the Department of Transportation.

Undermining those regulations, however, has been the goal of for-profit corporations since their implementation. Any argument that self-regulation by such companies is possible, or better than, third party commissions is laughable.