Genoa Bridge Collapse Throws Harsh Light on Benettons' Highway Billions - The New York ... - 0 views
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The Benettons made occasional, bipartisan political donations but those did not explain the company’s influence. Autostrade could perform perfectly legal favors for politicians, like modernizing a stretch of local highway.
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Several scholars say the skewed relationship resulted in a case of “regulatory capture,” the political scientists’ term for the situation when a watchdog bends to the interests of a company it is supposed to supervise.
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When a center-left government took power in 2006, Autostrade’s contract came under scrutiny. The government blocked the company from selling itself to Abertis, a Spanish toll road operator, then signaled that Autostrade needed to be reined in
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