Standards – promoting quality or restricting competition?
Talkat CAST 2014 · on Tuesday, 2014-08-12· at 10:40· 10th fl Rosenthal Pavillion, Kimmel Center for University Life·
summary
Argues that standards are being sold to create markets for consultants and certification bodies, using economic concepts like economic rent and asymmetric knowledge to explain how that rigs competition. Calls out ISO 29119 as an effort to lock in documentation‑first testing, cites consultancies pushing standards after the Healthcare.gov fiasco, highlights a ludicrous price claim of £352 per test case (with volume pricing caveats), notes auditors (ISACA/IIA) do not mandate testing standards, and points to an ASME antitrust case showing standards‑driven collusion.
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chapters (12)
- 0:00Introduction to standards
- 2:58Economic perspective
- 5:53Rent seeking and standards
- 10:34Market manipulation in testing
- 12:31Regulatory capture
- 15:36The dangers of ISO 29119
- 19:01Selling bogus certainty
- 23:21Market of lemons
- 25:30Auditing perspective
- 28:54Collusion and opposition
- 31:17Call to action
- 32:36Q&A and discussion
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