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Engineering Uncontestedness? The Origins and Institutional Development of the International Electrotechnical Commission (IEC)

Published online by Cambridge University Press:  20 January 2017

Tim Büthe
Tim Büthe*
Affiliation:
Duke University
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Abstract

Private regulation often entails competition among multiple rule-makers, but private rules and regulators do not always compete. For substantial parts of the global economy, a single private body (per issue) is recognized as the focal point for global rule-making. The selection of the institutional setting here effectively takes place prior to drawing up the specific rules, with important consequences for the politics of regulating global markets. In this paper, I develop a theoretical explanation for how a private transnational organization may attain such preeminence—how it can become the focal point for rule-making—in its area of expertise. I emphasize the transnational body's capacity to pursue its organizational self-interest, as well as timing and sequence. I then examine empirically a particularly important body of this kind, which today is essentially uncontested as the focal point for private regulation in its area, even though its standards often have substantial distributive implications: the International Electrotechnical Commission (IEC). I analyze the persistence and changes in the IEC's formal rules or procedures and informal norms, as well as the broadening scope of its regulatory authority and membership over more than a century.

Keywords

regulationprivate governancetechnologyinstitutional development
Type
Research Article
Information
Business and Politics , Volume 12 , Issue 3 , October 2010 , pp. 1 - 62
Copyright
Copyright © V.K. Aggarwal 2010 and published under exclusive license to Cambridge University Press 

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