Which of the following is a valid argument against regulatory capture?
A) The regulated are best equipped to address the technical issues.
B) The regulated are not independent from the regulator, and therefore lack neutrality and freedom from bias.
C) The regulated are better able to understand the issues and need for regulation in specific areas.
D) The regulation can be fast-tracked, because there is less time taken to argue the issues with other parties.
Correct Answer:
Verified
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