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Regulatory capture is the process through which a regulatory agency, created to act in the public interest, instead advances the commercial or special concerns of interest groups that dominate the industry it is meant to regulate. [2]
Regulation of tobacco and tobacco products is vested with the Food and Drugs Administration (FDA), by way of Republic Act No. 9711 and its implementing rules and regulations (IRR). RA 9711 states that the FDA has the authority to “develop and issue standards and appropriate authorizations that would cover establishments, facilities and health ...
He has signed 189 laws in the 19th Congress, 49 of which are national in scope. Republic Acts, Executive Orders (including the Implementing Rules and Regulations (IRRs)), Proclamations, Administrative Orders (& IRRs), Memorandum Circulars, and Memorandum Orders are all compiled and published by the Official Gazette.
The New Government Procurement Act of 2024, officially designated as Republic Act No. 12009, is a Philippine law which prescribes the necessary rules to address the lack of transparency and competition in government procurement, eliminate collusion and interference, and lessen the delay in the procurement process by creating the Government Procurement Policy Board (GPPB) and PhilGEPs.
Economic law is a set of legal rules for regulating economic activity. [ 1 ] [ 2 ] Economics can be defined as "a social science concerned with the production, distribution, and consumption of goods and services."
Regulation in the social, political, psychological, and economic domains can take many forms: legal restrictions promulgated by a government authority, contractual obligations (for example, contracts between insurers and their insureds [1]), self-regulation in psychology, social regulation (e.g. norms), co-regulation, third-party regulation, certification, accreditation or market regulation.
Regulations' effects on the economic environment for competition also concerned President George H. W. Bush, whose 1992 message in the annual small business report noted: "My Administration this year instituted a moratorium on new federal regulations to give federal agencies a chance to review and revise their rules. And we are looking at ways ...
Revising the Implementing Rules and Regulations of the Scientific Career System under Executive Order 901 (s. 1983) February 20, 2023 [17] 18 Constituting Green Lanes for Strategic Investments February 23, 2023 [18] 19 Directing the establishment of the Philippine Heart Center Annex in the Clark Freeport Zone March 8, 2023 [19] 20