I don’t know why more people don’t see this. It’s a matter of providing strong guarantees of reliability of the product. There is already mass surveillance. There is already life taking without proper oversight.
So the governments stance is "We already have laws and procedures in place, we don't want and can't have a CEO to also be part of those checks"
I don't think this outcome would have been any different under a normal blue government either. Definitely with less mud slinging though.