This paper points to the centrality of the infrastructure industry in the study of regulation, in general, and the regulatory state, in particular. It progress in three steps. First, it considers the particular attributes that make infrastructure industries a unique site for the exploration of...

(This article was first published in the Financial Times Mastering Risk series, 2000 under the title of 'Power and Influence in Risk Regulation'). Introduction The regulation of business and corporate risk management are inextricably related. Regulation is one way in which risks are managed in...