1. There is quite a difference between compulsory auditing (what the post you reply to refers to) and the government directly controlling industry.

2. In other industries this is quite commonplace and hasn't led to government takeover of industries (banking comes to mind. In their regulatory implementation on the Basel III accords developed in response to the 2008 financial crisis, both the UK and EU mandate government audits to ensure compliance with stress-testing and and leverage requirements; the US is also a signatory to these accords, but I am less familiar with their implementation into US law).

I'm not personally a huge fan of this approach, but I don't find the argument that government oversight is a slippery slope to totalitarianism that persuasive. In my opinion, a much a stronger critique of mandatory government audits is that they are often not that effective at preventing the negative outcomes they set out to prevent but still massively increase the legal complexity of operating in (or entering) a given industry without falling afoul of the law.