About the capture of the regulator and the criminal offence of collusion

The State delegates the provision of an important number of services of general interest for society, and the State delegates them to private economic operators. However, in these circumstances the need for regulation in order to achieve allocative efficiency underlies as a duty of the State.In this...

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Autor Principal: Guimaray Mori, Erick
Formato: Artículo
Idioma: spa
Publicado: THĒMIS-Revista de Derecho 2016
Materias:
Acceso en línea: http://revistas.pucp.edu.pe/index.php/themis/article/view/15588/16037
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Sumario: The State delegates the provision of an important number of services of general interest for society, and the State delegates them to private economic operators. However, in these circumstances the need for regulation in order to achieve allocative efficiency underlies as a duty of the State.In this article, the author presents how the criminal offence of collusion is a way of regulatory capture, and how it brings along negative consequences for the social welfare and progress. The author also reaches a conclusion concerning which is the legal right protected with the aforementioned crime.