Well, take Uber as an example in London. Before Uber, TFL and the old PCO (both arms of the Government) ran a safe, fair and simple system for the regulation of private hire vehicles and black cabs that rewarded people who put in time and effort to better themselves.
Then Uber - backed by various hedge funds, of course - comes along, and the
Government actually lobbies the Mayor of London not to impose eminently sensible restrictions on the company, even though the decision will negatively affect tens of thousands of British citizens
and result in a loss to the public purse. Not only does it do that, it also allows Uber to operate in a way that a court decision today found was "
faintly ridiculous", accepting Uber's argument over how it related to those who drove for it despite that argument being, and there is no other word for it, bollocks:
edit: to put it in a simpler way, the elected Government of this country helped a private firm circumvent the regulations put in place by that Government and which it still expected its own citizens (and firms) to follow.
One can only speculate why people would treat a firm backed by billionaire hedge funds like that.