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Regulatory Bargaining and Public Law (Paperback)
Loot Price: R1,229
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Regulatory Bargaining and Public Law (Paperback)
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This 2005 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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