10. What are the disadvantages of administrative agencies and regulations?
While administrative agencies provide the above-stated benefits, there are numerous disadvantages to relying on the agencies in the rule-making and adjudicative process. Foremost among the disadvantages, administrative agencies are famous for adding a degree of bureaucracy to regulated activities. Complying with additional regulations and the procedures raises the cost of doing business. These higher costs are born by the government, businesses, and consumers.
• Discussion: Can you think of any examples of private action (business activity) where administrative regulations add considerable burdens to the process.