Should industry be self-regulated for safety?

Perhaps your political leanings favor self-regulation rather than imposing regulations upon industry. But what do you do if that industry has opposed life-saving measures for fifty years and thousands of people die as a result?

Like a UK Committee argued about the tax industry, might you conclude that, “Government needs to take a more active role in regulating the [trucking] industry, as it evidently cannot be trusted to regulate itself”?

History of Underride Timeline at the Underride Roundtable, May 5, 2016 at the IIHS
Karth Rear Underride Crash, May 4, 2013

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