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nursecupcake nursecupcake
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A year ago

The public interest theory of regulation holds that



▸

regulators are seeking to do and will do through regulation what is in the best interest of the public.



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over time, natural monopolies will wither away.



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regulators are uninformed on specific matters that relate to regulation and therefore are often swayed by false information.



▸

natural monopolies manipulate the public into buying particular products.

Textbook 
Economics

Economics


Edition: 12th
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IgnesiasIgnesias
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A year ago
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