"Regulatory capture" refers to the situation where a government agency charged with supervising and regulating a particular industry is

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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 supposed to be regulating. This happens due to the influence exerted by the industry on the agency, leading to the agency acting in ways that benefit the industry rather than the public.

"Regulatory Capture" Refers to the Situation Where a Government Agency