That is not a representative analogy. Imagine if in the 50s there was only one company that manufactured seatbelts and they owned every imaginable patent related to preventing car occupants from hitting surfaces in an accident (so another company couldn't for example invent the airbag because they'd block that too - see Bosch and a completely different implementation that Saw Stop sued out of the market).
Improved safety would be great, but legislation should never mandate a monopoly to a single manufacturer.