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

Name: When regulators start to act in the interests of the industry being regulated, this is called regulatory capture.
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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 supposed to be regulating, often to the detriment of the public interest.

When Regulators Start to Act in the Interests of the Industry