Regulations that restrict price competition in product markets often result in other forms of competition among firms and, in markets where rents are available, the reallocation of those rents to suppliers of relatively scarce inputs. Firms and input suppliers will also use some of the rents in a search for market power and seek to capture industry regulators. The U.S. agricultural insurance industry reflects these realities. Author: Vincent H. Smith, Joseph W. Glauber and Robert Dismukes Country: USA.