Bracewell’s Scott Segal spoke with The Atlanta Journal-Constitution about the impact on business planning in the wake of the Supreme Court’s recent ruling on the Chevron doctrine, which effectively shifts the balance of power within the federal government away from federal regulatory agencies.
“Companies know it costs money to abide by regulations. Particularly in heavily regulated industries like energy, the burden imposed by government pronouncements is a big part of effective business planning,” notes Segal.
Segal predicts that companies will be more aggressive during the rule-making process in an effort to “put regulators on notice that their interpretation of their authority will not go unchallenged.”
