Which of These Is Not an Assumption Underlying the Public-Interest

Multiple Choice

Which of these is not an assumption underlying the public-interest theory of regulation?

A) There are agents who will seek regulation on behalf of the public interest
B) The government has an independent role to play in the development of regulations
C) The interest of consumers is translated into legislative action through the operation of the internal marketplace
D) Economic markets are subject to a series of market imperfections or transaction failures