Of course, it does not imply, when transaction costs are positive, that government actions (such as government operation, regulation or taxation, including subsidies) could not produce a better result than relying on negotiations between individuals in the market.

FORBES: Telecommunications And The Public Use Principle

By requiring this approval step for every major regulation, the REINS Act would foster greater upfront co-operation between agencies and future Congresses, resulting in better legislation and regulation.

ECONOMIST: Letters

ASEAN, the main issues are long-term: how eagerly will its members press for greater openness and co-operation in trade, investment and financial regulation?

ECONOMIST: ASEAN looks to the new year

The regulation should allow six months after operation begins to prepare and implement a plan for a new facility and for acquisition of existing facilities.

WHITEHOUSE: Meeting Materials

In the wake of this scandal, other critics raised general concerns about the islands' secrecy, their allegedly poor enforcement of regulation and their poor co-operation with other jurisdictions.

ECONOMIST: Offshore financial centres

After all, effective regulation in the public interest is a prerequisite for the effective operation of markets, and the IFRS Foundation is failing in its duty to supply it.

FORBES: Have They Pushed the Self Destruct Button at the International Financial Reporting Standard Foundation?