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Such one-sided deal-making violates PUC rules against improper communications between regulators and regulated power companies.
Close relationships between regulators and the regulated are common in the utility business.
Government regulation of these private prisons is toothless and sporadic due to the comfortable relationship between regulators and the regulated.
The Mylan mess is the cozy relationship between regulators and the regulated in a nutshell.
To prevent a too cozy relationship between regulators and the regulated, bank examiners must switch assignments on a random basis.
The answer may lie in the revolving door between Washington and Wall Street, and in the too-cozy relationship between regulators and those they regulate.
Something else the mining and financial industries share: the revolving door between regulators and those they're supposed to be regulating.
Legislation to overhaul regulation has already passed, including improved systemic monitoring and coordination between regulators.
Increased institution specific information and feedback effects could help facilitate cooperation between regulators, between regulators and financial institutions, and between regulators and the public.
But the essential relationship between regulators and industry seems unchanged.
Competition between regulators is a good thing, they say.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com