Business regulation significantly shaped the theory of economics and political science is called "public option." Public choice theory argues that the regulation seeks to existing business organizations as a way to raise barriers to entry for new competitors - what the market firms can not be done only in a competitive environment. The Internet is different and more complex relationship between business and regulatory institutions, such as the territorial jurisdiction of the traditional state institutions and undermine the control of the technological standards of business and non-governmental organizations do not arise. With some important caveats, public choice theory offers important information exchange between regulatory institutions and companies working on the Internet. Discusses specific applications of the theory of public choice in case-based Linux Standards, Internet Governing Council open source operating system. Linux Standards Base is an example of regulation, where the regulatory agency is a non-governmental organization. "Hide
by Robert L. Simons, Emerson Tiller, Sirkka Jarvenpaa Source: California Management Review 15 pages. Publication Date: 01 Oct 2003. Prod. #: CMR269-PDF-ENG
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