Chapter

Regulating Privatization

Michael Moran

in The British Regulatory State

Published in print August 2003 | ISBN: 9780199247578
Published online January 2005 | e-ISBN: 9780191601996 | DOI: http://dx.doi.org/10.1093/0199247579.003.0005
 Regulating Privatization

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This chapter argues that the system of privatisation regulation reflects the age of hyper-innovation in British government. The onset of hyper-innovation played a key role in the collapse of a club world that had pre-democratic origins. It presents an account of rail regulation, which represents the first great crisis of the regulatory system, and its failure in this crisis. It considers the wider issues of business regulation, showing how the fragility of this wider system has interacted with the fragile system for governing privatisation.

Keywords: privatisation regulation; Britain; rail regulation; business regulation; hyper-innovation

Chapter.  14818 words. 

Subjects: UK Politics

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