Meaning of public interest theory of regulation

 


 

Public interest theory of regulation

 

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Glossary of economics terms and concepts

 

Meaning and definition of public interest theory of regulation

 

The presumption that the purpose of the regulation of an industry is to protect the public (consumers) from abuse of the power possessed by natural monopolies.

 

For the term public interest theory of regulation may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.

 

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Public interest theory of regulation

 

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Meaning and definition of public interest theory of regulation
Public interest theory of regulation