A ATIVIDADE REGULATÓRIA DO ESTADO E SEUS FUNDAMENTOS

Under the influence of a regulatory framework adopted worldwide, notablyin the United States of America and in the European Community, government regulatory activity in Brazil has established itself through administrative entities that regulate specific industries and have enchanced autonomy before the central government. The Brazilian regulatory framework was launched in the 1990s and it meant a paradigm shift in government action, thenceforth characterized by primarily indirect intervention., In this context, it is important to analyze the fundamentals that shape government regulation, since impartial, technical, and independent regulatory agencies are truly a reassurance and a protection for those industries under their supervision.