Yes and the public are the stake holders for regulations, not a private corporation good fucking lord. Are you so neoliberal brained that you can't realize how bad it is, both for society and democratic nations, to have a critical aspect of your government captured by undemocratic private interests?

Regulatory capture is not a good thing. Companies that make money should have zero authoritative say, especially companies that pay for PACs to help sway elections in their favor:

https://www.anthropic.com/news/donate-public-first-action

Several people on this thread have aliased the terms "stakeholder" and "protagonist".