Labour, commerce and Environmental regulations have been intended to make markets more efficient and orderly and to protect the public interest. The outcomes have sometimes been bitterly divisive. Regulation creates winners and losers. Additional sources of conflict can arise regardless of the form of regulation. The contibution of any form of regulation toward making markets more efficient have been called into question, owing to an increased emphasis on the costliness of regulatory intervention. The difficulties in defining the interests that regulatory interventions are to safeguard have been increasingly recognised.
Mendeley saves you time finding and organizing research
Choose a citation style from the tabs below