I have been following all shades of discussions going on in this forum before I cautiously decided to join.

While I don't want to be drawn into the two extreme points that act as the general references of steering debates here, I have been wondering this scenario:
Supposing the essay industry grows bigger and bigger to an extent that even the leading players(companies) file for IPOs(lol!), will these companies(especially in the US and UK) become fully integrated into the world of business and have code of ethics, standard benchmarks......etc that characterize the more conventional businesses?. And what would be the implications to the educational standards?
Would I be wrong to hypothesize the development of a 'fully' grown academic research industry that rakes maybe $4b every year?
What laws govern the academic research industry in different States in the US?
I might plead ignorance but can someone tell me- who is the average custom paper buying customer?
a) A bright but time-constrained student?
c) A rich student kid?
d) An ESL student with language difficulties?
I'd love to hear some insightful opinions
Thanks Guys.....