Regulatory capture is where the regulator starts seeing things from the managers' point of view rather than the consumers'.

Question

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Regulatory capture occurs when a regulatory agency, created to act in the public's interest, instead advances the commercial or political concerns of the industry it is charged with regulating, often leading to a prioritization of the interests of regulated companies over those of the public.

Regulatory Capture Is Where the Regulator Starts Seeing Things from the Managers