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Originally Posted by AlexanderHowl
Not really, as they cannot arrest anyone, so they have no enforcement powers. At best, they are acting on behalf of law enforcement under very strict guidelines.
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But they have "the power to perform searches with an appropriate warrant," "national or international jurisdiction," "are not obligated to respect the civil rights of others," (or they can get away with it a large amount of the time) and "are free to engage in covert investigations."
That's five things the advantage confers against one thing they can't do.