Regulatory Bargaining and Public Law

Download or read book Regulatory Bargaining and Public Law written by Jim Rossi and published by Cambridge University Press. This book was released on 2005-06-06 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.