1.1. a Strategy of the Private Entities Self-regulation implies an organization regulating the standards of its members Why should a private organization wish to do this? In some cases, private organizations need regulation, where public regulation does not exist In other cases, private entities just want to avoid public regulation
6 1.1. A Strategy of the Private Entities Self-regulation implies an organization regulating the standards of its members. Why should a private organization wish to do this? • In some cases, private organizations need regulation, where public regulation does not exist • In other cases, private entities just want to avoid public regulation
Private entities trying to avoid public regulation The public regulation which the private entities wish to avoid can be present public regulation or future public regulation
7 Private entities trying to avoid public regulation The public regulation which the private entities wish to avoid can be: • present public regulation • or future public regulation
Self regulation as a mean to avoid present public regulation There are areas where centralized regulation is well established but controversial among those regulated In these areas, businesses subject to regulation have complaints about the burdens of existing command-and-control regulation Sometimes the regulated have some success in pushing for deregulation In exchange for a certain extent of public dereglementation, the regulated industries accept the inevitability of some regulation and are willing to discuss self regulation and implementation
8 Self regulation as a mean to avoid present public regulation • There are areas where centralized regulation is well established but controversial among those regulated • In these areas, businesses subject to regulation have complaints about the burdens of existing command-and-controlregulation • Sometimes the regulated have some success in pushing for deregulation • In exchange for a certain extent of public dereglementation, the regulated industries accept the inevitability of some regulation and are willing to discuss self regulation and implementation
Self regulation as a mean to avoid future public regulation Example: childhood obesity in the United States a report by the Institute of Medicine put the issue on the public agenda and led public-health groups to call for regulation of the food and beverage industry The industries responded to the threat of government regulation with a tactic which may be called"preemptive self-regulation: in order to forestall the drive toward government regulation, the industries began to implement regulation themselves
9 Self regulation as a mean to avoid future public regulation Example: childhood obesity in the United States • A report by the Institute of Medicine put the issue on the public agenda and led public-health groups to call for regulation of the food and beverage industry • The industries responded to the threat of government regulation with a tactic which may be called “preemptive self-regulation”: in order to forestall the drive toward government regulation, the industries began to implement regulation themselves
1. 2. A Strategy of the Governments Government regulators often rely on private entities to exercise some of the functions that public regulators would otherwise have to perform
10 1.2. A Strategy of the Governments Government regulators often rely on private entities to exercise some of the functions that public regulators would otherwise have to perform