Re: I have always supposed the idea of the BBC, but...
It is backwards in the U.S., but in a sense, the same.
All private companies are run by the Government (the "State"), as they are all subject to the heavy Federal and State regulations/laws which are established to protect the commonwealth (me). This is true, BUT the caveat in this truth....the private companies run the Government! Those big hitters with the cash are the ones that dictate (heavily influence) which regulation/laws are written. Hence, the only thing being 'protected' is the private company 'bottom-line'.
Thanks from across the pond for the different perspective.
(By the way, my wife works for ATOS here in Texas.)