Regulating Risk

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Exploring the intersection of regulation and industry, the book reveals how companies exploit private information to shape safety standards in their favor. Through detailed analysis of the pesticide, pharmaceutical, and chemical sectors, it uncovers a pattern where firms advocate for stricter regulations on less profitable products while promoting their own alternatives. This manipulation not only creates barriers to competition but also disproportionately impacts developing nations, leading to biased global regulatory practices that undermine fair trade.