The industry has been weak for the last two years as a result of the economic recession and lax regulation, he said.

Both agencies have come under severe criticism for lax regulation and financial management during the Reagan years.

But the lax regulations in other states may mean that some businesses will opt to set up shop elsewhere.

Industry critics say that lax regulation is still the far greater danger.

His agency has been criticized over what some have seen as lax regulation of the drug industry.

The lax regulation of the program did not come about by chance.

Critics say the industry is still too riddled with bad management and lax regulation to allow new plants to be built.

However, the crisis was also caused by lax regulation of the banking sector.

It was the Tories who, through lax regulation, caused the crisis.

It wasn't the bankers trying to make a quick buck, taking advantage of lax regulation.