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The importance of safety valves can be illustrated through numerous historical accidents. The Bhopal disaster of 1984, often cited as one of the world's worst industrial disasters, underscores the catastrophic consequences of pressure control failures. In this incident, a combination of equipment malfunction and human error led to the release of toxic gas, resulting in thousands of deaths and long-term health effects. Properly functioning safety valves could have mitigated such an incident, highlighting the necessity for stringent safety measures in industrial settings.


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Moreover, commercial regulators work diligently to promote fair competition among businesses. Monopolistic practices can stifle innovation and harm consumers, leading to higher prices and fewer choices. Regulators, therefore, monitor market practices to prevent monopolies and promote antitrust laws. By scrutinizing mergers and acquisitions, regulators can ensure that the competitive landscape remains vibrant and that no single entity becomes too powerful. This, in turn, benefits consumers by fostering more choices and better services.


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