I think it's WAY better than in the US. Partly because in the US the rules for taxation and other regulatory matters are so confusing, you need to spend huge money for accountants and lawyers which makes large firms benefit the most.
That there is one of those things, I'd call it an indirect conflict of interest in the US. Legislators are almost all lawyers, so they love passing laws, the more and more complex the better. Then they and their cronies make bank on interpreting and implementing ways to cicuitously comply those laws. Just keeps growing and growing since laws never come off the books. Add on the for-profit prison-industrial system. The cancer of an overregulated society.