llenged action of the regulated entity so that the action of the latter may be fairly treated as that of the State itself." 8); New York Jaycees v. United States Jaycees, 512 F.2d 856 (2d Cir. 1975). Accord, Sims v. Jefferson Downs, 611 F.2d 609 (5th Cir. 1980). 8. Id 419 U.S. at 351. 95 S. Cl. at 453. also quoted i