"The concept of industry domination of regulatory agencies was well known and documented in the literature by the 1960s"
- Nick Johnson
About this Quote
In this quote, Nick Johnson is referring to the idea that specific industries have a significant impact over regulatory companies, which are accountable for creating and implementing rules and regulations within that industry. This principle was not a brand-new one, as it had been acknowledged and discussed in literature as early as the 1960s. This recommends that the issue of market dominance of regulative firms has actually been an enduring concern and has actually been studied and gone over for decades. It likewise suggests that this phenomenon is not an uncommon occurrence, however rather a popular and recorded reality in numerous markets.
This quote is written / told by Nick Johnson somewhere between September 19, 1978 and today. He/she was a famous Athlete from USA.
The author also have 13 other quotes.
"One has children in the expectation of dying before them. In fact, you want to make damn sure you die before them, just as you plant a tree or build a house knowing, hoping that it will outlive you. That's how the human species has done as well as it has"
"A lawyer without history or literature is a mechanic, a mere working mason; if he possesses some knowledge of these, he may venture to call himself an architect"
