THE PUBLIC UTILITY COMMISSION OF TEXAS: A CASE OF CAPTURE OR RAPTURE?1

James E. Anderson

Review of Policy Research, 1982, vol. 1, issue 3, 484-490

Abstract: Anderson reviews the notion of the “captured” regulatory agency and summarizes four theories for how it occurs. The author then uses the example of the newly formed Texas Public Utility Commission to demonstrate none of the four apply; that the regulators became “enraptured” with the interests of the industry rather than “captured” by them.

Date: 1982
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