Re:Scandals suggest standards have slipped in corporate America
by tengbretson on Friday April 05, 2019 @11:37PM
(#19589037)
If I were to increase regulatory capture while cutting back regulations how exactly would I do that?
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Re:Scandals suggest standards have slipped in corporate America
by Zarath on Saturday April 06, 2019 @03:44AM
(#19589748)
Ajit Pai: Regulatory capture by serving corporate interests and destroying net neutrality.
Also Ajit Pai: Destroy net neutrality, which was seen as a "regulation" in the way of a free market.
Re:Scandals suggest standards have slipped in corporate America
by mvc on Saturday April 06, 2019 @04:55AM
(#19589919)
I don't have an MBA but I imagine it involves hiring a few of the folks who currently regulate your operations while leaning on your political friends to cut regulation funding and spinning up an "independent" company prepared to shoulder the regulatory burden for a fraction of the cost.
https://www.nytimes.com/2019/03/26/us/politics/boeing-faa.ht...
Re:Scandals suggest standards have slipped in corporate America
by mirimir on Saturday April 06, 2019 @02:58AM
(#19589645)
Huh?
Regulatory capture (i.e., capture by whatever's being regulated) and cutting back regulations both have the same effect: weaker regulation.
Re:Scandals suggest standards have slipped in corporate America
by chris_t on Saturday April 06, 2019 @08:06AM
(#19590359)
Sadly it is often not so simple. Complex regulations can advantage large incumbent firms by making it harder for newer entrants to their markets.
Re:Scandals suggest standards have slipped in corporate America
by xkcd-sucks on Saturday April 06, 2019 @12:07AM
(#19589157)
"subject to approval by $DEPARTMENT on the basis of $VAGUE_SUBJECTIVE_CRITERIA"
Re:Scandals suggest standards have slipped in corporate America
by wahern on Saturday April 06, 2019 @01:15AM
(#19589376)
EPA is a good example, but in any event regulatory capture doesn't imply more regulation, it's just descriptive about the manner in which a regulator behaves institutionally.
Re:Scandals suggest standards have slipped in corporate America
by whatshisface on Saturday April 06, 2019 @12:07AM
(#19589156)
Cut the good regulations, keep the bad ones.