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Regulatory Bargaining and Public Law

Regulatory Bargaining and Public Law

Hardcover

General Law

ISBN10: 0521838924
ISBN13: 9780521838924
Publisher: Cambridge
Published: Jun 6 2005
Pages: 290
Weight: 1.10
Height: 0.90 Width: 6.20 Depth: 9.00
Language: English
This text explores the implications of a bargaining perspective for institutional governance and public law in deregulated industries such as electric power and telecommunications. Leading media accounts blame deregulated markets for failures in competitive restructuring policies. However, the author argues that governmental institutions, often influenced by private stakeholders, share blame for the defects in deregulated markets. The first part of the book explores the minimal role that judicial intervention played for much of the twentieth century in public utility industries and how deregulation presents fresh opportunities and challenges for public law. The second part of the book explores the role of public law in a deregulatory environment, focusing on the positive and negative incentives it creates for the behavior of private stakeholders and public institutions in a bargaining-focused political process.

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General Law