Answer:
Regulation of business in the 20th century has developed at multiple government levels through the form of commissions. Government departments and agencies are still heavily involved. However, commissions are seen as more responsive, and board members can, in many cases, be from private industry, providing a receptive face to business interests in government. Doing so also provided the government with decisions-makers who intimately understood business issues and how they may conflict with new regulations or changes. This approach also allows for a much cheaper resolution of legal conflicts than taking regulation challenges to the court system through a formal lawsuit.
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