Originally posted by DE NIRO:
Thanks for all your input it is much clearer now,
So they are like"Board of directors"
Not so much a "board of directors," because in corporate life, a board of directors is associated with only one company. If you want to make a business analogy, I'd say the Commission is more like a "trade association": representatives of multiple companies within an industry who get together only to discuss broad, strategic issues of interest to all--while still competing with each other on a day to day basis.