Maybe I'm cynical, but I see "increase competition," but then see "put stronger safeguards in place" and assume that the regulations will be written in such a w

Maybe I'm cynical, but I see "increase competition," but then see "put stronger safeguards in place" and assume that the regulations will be written in such a way that no upstart competitors can possibly abide by them, concentrating even more power in the hands of the incumbents and reducing competition.