When John Stuart Mill referred to the tyranny of the majority, it was not some throw away point (On Liberty is probably one of the most important three books on the issue of political philosophy. It's a seminal text). He was highlighting a key issues with majority rule. From City's perspective, the reference to tyranny of the majority highlights a failure in governance. Maybe an extension of this is the need for an independent regular. Some have laughed off the reference as they do not understand it (evidenced by the misuse of the term by a number of journalists although they give the impression they are well read on the issue) but it is a key point from a perspective of fairness. I can only argue on the point of 'fairness' as I know the square root of bugger all about the legal aspects of competition. With law based on morality, among other things like protecting the interests of the rich ;), you would therefore expect this point to be considered seriously by the arbitration committee/panel rather than treated as a throw away comment.
Anyway, #buyacoffee