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Agricultural marketing orders, put into operation with the initiative and approval of affected producers, are a form of supervised self-regulation. The 47 orders in effect variously authorize quantity controls, quality controls, and market support activities for fruits, vegetables, and specialty...
Persistent link: https://www.econbiz.de/10005158036
Anderson reviews the notion of the "captured" regulatory agency and summarizes four theories for how it occurs. The author then uses the example of the newly formed Texas Public Utility Commission to demonstrate none of the four apply; that the regulators became "enraptured" with the interests...
Persistent link: https://www.econbiz.de/10005663166