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The Capture Theory of Regulation Specifies That

Question 143

Multiple Choice

The capture theory of regulation specifies that


A) a firm will attempt to capture a large share of its market and then force its competitors out of business.
B) regulators of monopolies capture or control the market behavior of monopolies to suit the best interests of society.
C) industries or firms can sometimes gain control of the agencies that are attempting to regulate them.
D) directors of one company often sit on the board of directors of another company in the same industry and thereby capture control of the industry.

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