When regulators start to act in the interests of the industry being regulated, this is called

Name: When regulators start to act in the interests of the industry being regulated, this is called
Brand: Quizplus
Rating: 4.9 (65 reviews)

Question

Quizplus · Accepted Answer

Regulatory capture occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of the industry it is charged with regulating. This can lead to decision-making that benefits the industry rather than the public.

When Regulators Start to Act in the Interests of the Industry