In the past, U.S. policy towards big industry has been aimed at giving the average consumer an edge against those companies that seek to reap the profits of business by digging deep into the pocket books of Americans. The first industry to be targeted by regulatory policies was the railroad industry. Starting with the creation of the Interstate Commerce Commission in 1887, the government decided to try and prevent the monopolistic exploitation of passengers by limiting fares and routes as well as entrance into

As deregulation has been increasing in the United States, it is important to point out that there are some things that just can not be deregulated. These policies are social regulations. Included in these particular social regulations are policies concerning the environment, workplace safety, and highway safety.

The policies that have the most impact on the economy are the environmental regulations. Companies must adhere to strict guidelines that limit the amounts of emissions that they discharge into the atmosphere and into our nations waterways. Although these policies cause the companies to have higher costs of doing business, at least we can feel safe drinking water from a faucet or taking a swim at the beach.

The industries are constantly changing as new forms of technology such as wireless communication and the information superhighway have arisen. For instance, in the cable television industry the government has had a hard time deciding what the best regulatory policies should be. The cable companies claim that new satellite companies such as Direct TV have already seized more that five million households away from local cable companies. This would force them to be more competitive. So, the government deregulated the industry, and the cable rates increased dramatically. This argument is not yet a viable one, and the cable industry should be re-regulated until the competitors can really compete.

In conclusion, it is apparent that there are many issues that will decide wh

Some common words found in the essay are:
Direct TV, Commerce Commission, Future America, regulatory policies, cable companies, cable industry, social regulations, railroad industry,
Approximate Word count = 1034
Approximate Pages = 4 (250 words per page double spaced)