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This is CBS.

I on the world.

I'm John Batcheworth.

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 cast

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 Stiggler'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 Rice in 2014, the Department of Transportation

issued a final rule mandating rearview cameras in new motor vehicles. The rule was strenuously

opposed by automobile companies. It was projected to impose more than $600 million in annual costs.

Mr Sunstein, if I understand correctly, is saying this was for the public good,

we did it without factionalism in the government and the industry did not benefit from it.

...