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Oh, it's raining.

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This is CBS, I On The World.

I'm John Batsow with Professor Richard Epstein of the Hoover Institution.

We're discussing competitiveness, anti-competitiveness, monopoly,

bigness, but I want to get very specific here because Richard's colleague, Cass Sunstein,

who has served honorably in one or more administration,

certainly in the Obama administration and now sympathetic to the Biden administration,

has written in protest of George Stigler's idea that industry acquires the regulatory

body or makes the regulations work for the industry.

And he objects on the basis of several instances where he participated during the Obama administration

in new regulations.

The one that seems most neutral to me, Richard.

Mr. Sunstein writes in 2014, the Department of Transportation issued a final rule

mandating rearview cameras in new motor vehicles.

...