Word: regulatee
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Toyota showed the shape of things to come in Japanese cars. Whenever a different driver enters the automobile, he inserts a plastic card in the dashboard that adjusts the seats, air conditioning and mirror to his specific desires. Shock absorbers automatically regulate the car's suspension to accommodate the...
The University, he argued, "is unduly upset as to whether DNA is dangerous or if some people should make money from DNA." By tightening conflicts-of-interest guidelines, Harvard is "trying regulate something that can't be regulated," he added, concluding his digression with an admonition to University policymakers: "If...
Earlier this month, faculty members at Stanford and the University of California at Berkeley introduced an ingenious corporate structure to regulate funding and profits with less danger of compromising research priorities. They created a nonprofit Center for Biotechnology Research and have already raised $2.4 million from six major corporations, including...
Congress, however, already possesses some legitimate authority over federal courts. The Constitution, for instance, gives Congress the power to "constitute tribunals inferior to the Supreme Court," and legal experts generally agree that the power to create implies the power to regulate and even abolish. Moreover, the Constitution awards the Supreme...
Regulation of Trade Practices. The Federal Trade Commission now makes cost-benefit analyses before issuing new rules. The Administration has also cut back on the funding and powers of the FTC's antitrust division, which it had originally hoped to eliminate. As a result, the FTC has been less...